Thursday, February 11, 2016

Weekly Unemployment Claims: Initial and Continued February 11 2016

Today’s jobless claims report showed decreases to both initial and continued unemployment claims as seasonally adjusted initial claims remained below the 300K level.

Seasonally adjusted “initial” unemployment claims declined by 16,000 to 269,000 claims while seasonally adjusted “insured” claims declined by 21,000 to 2.239 million resulting in an “insured” unemployment rate of 1.6%.