U.S. Initial Jobless Claims At 391.000; Down 22.000
(For The Week Ending February 19, 2011)
Initial jobless claims in the U.S. were reported at 391.000 vs. 405.000 consensus; last week revised (up 3.000) reading was at 413.000.
Lot of noise in data;. Four weeks moving average slowly moving lower.
