Maybe on paper, but not in the real working world. Yes, they do live in ‘lala land’.
I think you're right. The lame-stream media aka the obama propaganda machine, and the out and out bald-faced liars in the obama administration will report the "good news" of lower unemployment no matter what. We saw a preview of this a week or so ago when unemployment magically, and I do mean magically, dropped below 10% -- even though other reports showed the economy continued to shed jobs. How can this be? They fudged the numbers. Even with fewer people employed (ie. the net loss of jobs), if you reduce the size of the overall work-eligible population, you can claim a lower percentage.
We are going to see the lame-stream media pull out all the stops and report utter fantasy. You watch, the reported rates of unemployment are going to drop, even though more and more of your family, friends, neighbors, and ex co-workers are out of a job or severely underemployed. We're going to be fed fascist line, no matter how little it resembles reality.