New unemployment claims dropped to 184,000 last week, the lowest since 1969. It sure is going to be interesting watching the media find a way to turn that into bad news for President Joe Biden. Perhaps Vice President Kamala Harris will be too concerned about information security or buying a kitchen implement that costs less than half what many guns cost, and that can dominate the headlines instead. It is the case that the jobless claims numbers come with caveats: This remains a volatile, unpredictable economic recovery, and seasonal adjustments, which played a significant factor in the historically low number, are harder for Labor Department economists to pin down than in a usual year. But according to the best available data … new unemployment claims were at a 52-year low, even as the headlines have been dominated by talk of how the economy is dragging Biden’s presidency down. Read more