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Weekly Unemployment Claims: Initial And Continued, September 15, 2016

by: Sold At The Top

Thursday's jobless claims report showed modest increases 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 1,000 to 260,000 claims, while seasonally adjusted "continued" unemployment claims increased by 1,000 to 2.143 million, resulting in an "insured" unemployment rate of 1.6%.