Thursday, May 5, 2016

Weekly Unemployment Claims: Initial and Continued May 05 2016

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

Seasonally adjusted “initial” unemployment claims increased by 17,000 to 274,000 claims while seasonally adjusted "continued" unemployment claims decreased by 8,000 to 2.121 million resulting in an “insured” unemployment rate of 1.5%.

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