The U.S. Labor Department released the jobless claims today, where initial jobless claims for the week ending January 29, declined to 415,000, compared with the prior revised estimate of 457,000 and below median estimates of 420,000.

The continuing claims for the week ending January 22, declined to 3.925 million, compared with the prior revised estimate of 4.007 million and median estimates of 3.950 million.