Weekly Unemployment Claims: Initial And Continued - February 18, 2016

by: Sold At The Top

Thursday'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%.