With any number of qualifiers telling you how wonderful this is though it may not really be. Kinda like this one,
“The improving trend in the U.S. labor markets is not just a temporary blip, but seems to be something quite sustainable,” he said, adding that the improvement had come despite continued Washington gridlock.
Unemployment rate falls to 8.5%, lowest in nearly 3 years, Complete with pretty charts like these,
Are they not pretty. Do you feel prosperous now. So let us not have any elections this time around because everything is going way cool......
heh, bet ya know us better by now cause were gonna put some truth on ya!
With, oh just about anything housing or employment number related we refer to the Market Ticker guy, Karl Denninger because, well because he has the cred that dictates he gets it right before the freaking public wakes up. Mr. Denninger presents the following observations: