Last week initial jobless claims were 387,000 for the week. This week initial jobless claims are also 387,000 for the week, but last week was revised upward to 389,000 and so they claim that this week is a "slight drop" from last week's 389,000. Our government is simply hilarious. This week's 387,000 is smaller than last week's 387,000 because we magically turned last week's 387,000 into 389,000 so that we could claim a drop this week.
And I have a bridge in Brooklyn on which I can make you such a deal.