There's a fairly serious problem with the numbers, and it's not in the headline -- it's in the only number that matters from a fiscal perspective for the government -- and there, it's bad news. Even worse, there is some real serious misdirection going on in here, me thinks.
Let's do the charts:
So click on over to see. Bottom line is that unemployment did not sink by a half-percentage point in only a month. It's actually gotten worse, not better.
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