Maybe they should have done this a day after finding out jobless claims are up and housing prices are down.
If this is true, they must be expecting millions of jobless to become discourage and leave the workforce as they’ve been reporting for 3 years. The improvement certainly isn’t going to come from an increase in the number of jobs unless the government is going on a hiring spree. Perhaps all of this year’s college grads will help out the unemployment stats by going to graduate school and staying out of the work force.
Doesn't matter any more - they've inured the public to reality via the comical (but sinister) "unexpected rise in unemployment type statemens and the next months 'adjustmnets". They can say whatever they want, and then "adjust" it to 12% after the election and nobody will think twice. That and they will probably use "projected" hires for the Christmas season and pad the nimbers while adding them to the work force (on paper). Hell they might have it down to 4% if they really work hard with the numbers - then we'll have about 12 million folks thinking they are the only schlubbs who can't find a job in the booming economy.