Weekly Unemployment Claims: Initial And Continued, October 21, 2016

by: Sold At The Top

This week's jobless claims report showed a notable increase to initial and a modest increase to continued unemployment claims, as seasonally adjusted initial claims remained well below the 300K level.

Seasonally adjusted "initial" unemployment claims increased by 13,000 to 260,000 claims while seasonally adjusted "continued" unemployment claims increased by 7,000 to 2.057 million, resulting in an "insured" unemployment rate of 1.5%.

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