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Weekly jobless claims report shows mixed results

The US Department of Labor released its weekly jobless claims report on Thursday. Initial unemployment claims increased by 8,000, but continued unemployment claims decreased by 20,000.

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This chart shows the US's initial unemployment claims, which are increased by 8,000 this week from 304,000 claims to 312,000.

聽showed an increase to initial unemployment claims and a decline to as seasonally adjusted initial claims hovered very near the 300K level.聽

Seasonally adjusted 鈥渋nitial鈥 unemployment claims increased 8,000 to 312,000 claims from 304,000 claims for the prior week while seasonally adjusted 鈥渃ontinued鈥 claims declined by 20,000 to 2.603 million resulting in an 鈥渋nsured鈥 unemployment rate of two percent.

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