Thursday, December 11, 2014

Weekly Unemployment Claims: Initial and Continued December 11 2014

Today’s jobless claims report showed an decline to initial unemployment claims and an increase to continued unemployment claims as seasonally adjusted initial claims trended below the 300K level.

Seasonally adjusted “initial” unemployment claims declined 3,000 to 294,000 claims while seasonally adjusted “continued” claims increased by 142,000 to 2.514 million resulting in an “insured” unemployment rate of 1.9%.