But, we still are in lala land with the Gubmit fudging the real numbers.
Here is a little wrench in the gears as well: soon, hundreds of thousands of people may lose their perpetual unemployment checks (which some people have been collecting for almost 2 years!)
When that happens, they automatically come off the U-3 list, and go on the U-6 list! So, will Labor tell us how unemployment just dropped like mad?
I think if the government ever told the truth about how bad things were there would be a market drop of 30-40%.