Thursday, September 01, 2016

Weekly Unemployment Claims: Initial and Continued September 01 2016

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

Seasonally adjusted “initial” unemployment claims increased by 2,000 to 263,000 claims while seasonally adjusted "continued" unemployment claims increased by 14,000 to 2.159 million resulting in an “insured” unemployment rate of 1.6%.