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Jefferies economist Tom Simons said.........>

US VIEW
US VIEW: Jefferies economist Tom Simons said weekly initial jobless claims "for
the week of Dec. 23rd were unchanged from last week at 245K. Last week's data
was also unrevised."
- He adds that "claims tend to be volatile during this time of year due to
seasonal job churn and difficulty in the seasonal adjustment process around
holidays. Claims were steady this week, but we could see more volatility through
the first half of January."
- He also noted that the "four-week moving average rose to 237,750 from
234,750."

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