US DATA: Initial jobless claims -13,000 to 403k in the Apr 16 wk,
still above expectations of 390k. Was even lower as recently as Apr 2
wk. 4-wk moving ave was +2,250 to 399k. SA Cont claims for Apr 9 wk
-7,000 to 3,695,000, lowest since Sept 27, 2008. Comparable survey wk
for monthly jobs in March was 390k. Labor analyst said seasonals
expected -12.2% drop and instead got a -15.0% decline. 3 states
estimated, Pa, Alaska, Va.