U.S. Initial Jobless Claims At 404.000; Down 37.000

January 20th, 2011 by Belisarius

(For The Week Ending January 15, 2011)

Initial jobless claims in the U.S. were reported at 404.000 vs. 420.000 consensus; last week revised (down 1.000) reading was at 441.000.

Lot of volatility, but 4 week moving average has decreased a bit.

Chart 1. U.S. Initial Jobless Claims

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