When it comes to the weekly update on Jobless Claims, it seems like in each week’s update, the report was good and that some aspect of the report was the lowest since 1973 or the report was great, and that some aspect of it was the lowest since 1969 or ever for that matter.

This week’s report falls under the umbrella of good meaning that you only have to go back to 1973 to find a period with some comparable readings. For starters, the headline print this week came in at 234K, which was up 11K from last week’s print of 223K and above consensus expectations for a level of 220K. Even with the higher than expected reading, though, claims came in below 300K for the record 168th straight week and were below 250K for the 33rd straight week, and that’s the longest streak of sub-250K readings since 1970.

With the relatively large weekly increase in claims, the four-week moving average also ticked higher breaking a streak of four straight weeks of declines.At the current level of 219.75K, the four-week moving average is just over 6K above its multi-decade low of 313.5K set last week.

On a non-seasonally adjusted (NSA) basis, claims edged above 200K for the first time since mid to late April.Even with the increase, though, they are still more than 105K below their average for the current week of the year dating back to 2000. In fact, you have to go all the way back to 1973 to find a time when NSA claims were this low at this time of year.