1.74m people were 'continuing' to claim jobless benefits before Donald Trump was elected. In a mysterious fluke of statistical smoke and mirrors, that marked the absolute trough in the data series - showing just how awesome the economy was for Hillbama. Last week's 2.46m print for continuing claims suggests (while seasonal aspects are at play), over 700,000 more people are now claiming unemployment benefits than before Trump was elected.

But, by the magic of seasonal adjustments, initial jobless claims plunged back to its cycle lows - the best levels since Nov 1973!!