Or is it the “Reality of Politics!!”
In one month, the unemployment rate drops almost a half of a percent, falling below 8 percent for the first time in 3 1/2 years. Just 31 days before the election!
And how will the “revised” numbers appear during the month, on a “non-news” day, when no one will hear it.
As former GE CEO Jack Welch has said, they had “a poor debate so lets change the numbers”. Only time will tell.
One thing is for sure, they won’t be telling us the REAL number, which, when you factor in those who have simply left the workforce altogether, the actual rate is above 11%.