Thursday, February 04, 2016

Weekly Unemployment Claims: Initial and Continued February 04 2016

Today’s jobless claims report showed an increase to initial unemployment claims and a decrease to continued unemployment claims as seasonally adjusted initial claims remained just below the 300K level.

Seasonally adjusted “initial” unemployment claims increased by 8,000 to 285,000 claims while seasonally adjusted “insured” claims declined by 18,000 to 2.255 million resulting in an “insured” unemployment rate of 1.7%.