Initial Claims Crash To 44 Year Lows But Over 700,000 More People Are On Jobless Benefits Since Trump Was Elected

Thursday, January 19, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jan 19, 2017

1.74mm 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 2.46mm 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.

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