The Economy & the Fed

Continuing Claims (Insured Unemployment)

The number of people still claiming unemployment benefits after their first week, counted a week behind initial claims. It shows how long people stay out of work: rising continuing claims with steady initial claims means layoffs are not rising but finding a new job is getting harder. The insured unemployment rate is the same count as a share of jobs covered by unemployment insurance. The Labor Department describes continuing claims as confirming, not leading, the direction of the economy.

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