U.S. Initial Jobless Claims At 383.000; Down 36.000

February 10th, 2011 by Belisarius

(For The Week Ending February 5, 2011)

Initial jobless claims in the U.S. were reported at 383.000 vs. 410.000 consensus; last week revised (up 4.000) reading was at 419.000.

Lot of noise in data; Big weekly decline.

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