Thursday, June 23, 2016

Weekly Unemployment Claims: Initial and Continued June 23 2016

Today’s jobless claims report showed a decline to both initial and continued unemployment claims as seasonally adjusted initial claims remained well 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 20,000 to 2.142 million resulting in an “insured” unemployment rate of 1.6%.