Thursday, March 10, 2016

Weekly Unemployment Claims: Initial and Continued March 10 2016

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

Seasonally adjusted “initial” unemployment claims declined by 18,000 to 259,000 claims while seasonally adjusted "continued" unemployment claims declined by 32,000 to 2.225 million resulting in an “insured” unemployment rate of 1.6%.