US Initial Jobless Claims of January 16 came out gloomy as they rose to 482 thousand; worse than the forecasted reading of 440 thousand and the prior revised reading of 446 thousand from 444 thousand, while Continuing Claims for January 9 climbed to 4599 thousand, which is worse than the predicted reading of 4598 thousand and the prior revised reading of 4617 thousand from 4596 thousand.