Thursday, February 18, 2016

Weekly Unemployment Claims: Initial and Continued February 18 2016

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

Seasonally adjusted “initial” unemployment claims declined by 7,000 to 262,000 claims while seasonally adjusted “insured” claims increased by 30,000 to 2.273 million resulting in an “insured” unemployment rate of 1.7%.