As I have said many times, I am no economic expert. Yet, this announcement of a drop in unemployment numbers from 8.1% to 7.8% smells fishy to me. On Sunday, the jobs number was released at 114,000. That by-line read that such an increase would not be sufficient for a drop in the unemployment percentage. That's because you need something like a 150,000 increase just to keep up with the numbers of people entering the workforce every month.
So boom! Today the number 7.8% is announced by Hilda Solis' Dept. of Labor. Some of the experts out there are already smelling a rat.
Ah yes. The old "look what we overlooked in past months" line. Of course, for some reason, they don't count those who have given up looking for a job-as if they had died. Add those and the number goes up dramatically.