Look for two methods used to massage unemployment numbers, being used by the U.S. Labor Department’s Bureau Of Labor Statistics.
One is “seasonably adjusted” numbers. It can be easily fudged, at best arbitrary, and meaningless. The other is factually reported but the media is complicit by not openly disclosing the total labor force when unemployed are reported.
When less people are in the labor force, the unemployment numbers look better, and those diminished numbers are being overlooked by the media.
In short, there are less jobs around, so the unemployment numbers appear better. (See the Earl J. Weinreb Newshole(r) Commentaries.)
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