Extended Unemployment: Initial, Continued and Extended Unemployment Claims March 28 2013
Today’s jobless claims report showed a notable increases 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%. Since the middle of 2008 though, two federal government sponsored “extended” unemployment benefit programs (the “extended benefits” and “EUC 2008” from recent legislation) have been picking up claimants that have fallen off of the traditional unemployment benefits rolls. Currently there are some 1.90 million people receiving federal “extended” unemployment benefits. Taken together with the latest 3.46 million people that are currently counted as receiving traditional continued unemployment benefits, there are 5.36 million people on state and federal unemployment rolls.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here