U.S. Initial Jobless Claims At 415.000; Down 42.000
(For The Week Ending January 29, 2011)
Initial jobless claims in the U.S. were reported at 415.000 vs. 429.000 consensus; last week revised (down 3.000) reading was at 457.000.
Lot of noise in data; 4 week moving average rose in last two weeks.
