Thursday, March 03, 2016

Weekly Unemployment Claims: Initial and Continued March 03 2016

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

Seasonally adjusted “initial” unemployment claims increased by 6,000 to 278,000 claims while seasonally adjusted "continued" unemployment claims increased by 3,000 to 2.257 million resulting in an “insured” unemployment rate of 1.7%.