It’s not just the Obama Administration that is putting a shine on the job numbers. Last night, on NBC national news the news gal was saying the recession is over and the jobs number to be released this morning was likely to show 250,000 new jobs created. Well, the number came in at 120,000, half of what she was shilling. I suppose NBC figured with Good Friday and the start of spring break that they could lie to us on Thursday night as we would be sleeping from Friday to next week.
ABC news on the radio this AM was touting the numbers as positive signs that the recovery is proceeding. They mentioned first the lower rate and the number of new jobs. Only at the end did they happen to mention, by the way, the numbers are lower than forecast. Those darn forecasters.