U.S. Initial Jobless Claims At 410.000; Up 25.000
(For The Week Ending February 12, 2011)
Initial jobless claims in the U.S. were reported at 410.000 vs. 400.000 consensus; last week revised (up 2.000) reading was at 385.000.
Lot of noise in data; Big weekly raise. Four weeks moving average unchanged.