Jobless claims rise. More than 5 million on unemployment rollsQuicklink submitted by Sheila Samples Permalink
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|Today's jobless claims report showed a notable increase to initial unemployment claims and a decline to continued unemployment claims as initial claims trended well below the closely watched 400K level. Seasonally adjusted 'initial' unemployment claims increased by 16,000 to 357,000 claims from 341,000 claims for the prior week while seasonally adjusted 'continued' claims declined by 27,000 claims to 3.050 million resulting in an 'insured' unemployment rate of 2.4%.|
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