Thursday, June 2, 2016

Weekly Unemployment Claims: Initial and Continued June 02 2016

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

Seasonally adjusted “initial” unemployment claims declined by 1,000 to 267,000 claims while seasonally adjusted "continued" unemployment claims increased by 12,000 to 2.172 million resulting in an “insured” unemployment rate of 1.6%.

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