The numbers are always wrong!
As of June ’12 the initial weekly jobless claims had the 64th upward revision in 65 week for their report of new claims. 98% is a no brainer for the “books are cooked always”. This report of the unemployment rate reducing when the number of jobs created is the lowest it has been all year is silly stupid.
To argue that this or any administration is honest and sincere with this is like saying the NAR really is honest with it’s administration of the real estate #’s.