Weekly ETA Initial Claims Data

http://www.dol.gov/opa/media/press/eta/ui/current.htm

This week seasonally adjusted initial claims was 401 K.
4wk MA was 414K.
Just below, the inflexion point of 420K which points to a jobs recovery.

So far the ADP data and the Initial Claims data has behaved.
Tommorow's BLS data (which tend to be volatile of late)  will confirm whether the Jobs recovery is on path.
Lets hope that they all correlate!!