Tomorrow the federal government will release unemployment figures for the month of March. Here’s what I think you can expect.
First of all, don’t buy Treasury Secretary Tim Geithner’s public pessimism. The administration is lowering expectations so any figures released tomorrow will appear better than expected.
Second, you can expect the media to spin. If the new unemployment filings are higher than expected, you’ll hear things are still getting so much better and we’ve come such a far way since 07 and 2008. If new claims are lower than expected, you’ll hear how this is evidence that Obama’s plan is working and things are going to turn around for Democrats politically.
Third, you can expect the White House to spin. If the numbers are worse than expected, you’ll hear how it’s a sign that times are still tough and possibly something about Obama inheriting the recession. Deflecting blame, basically. If the numbers are better than expected, you’ll hear how it’s more evidence that Obama’s plan is working but there’s still a long way to go. The last part is intended to assure unemployed Americans that they’re not being forgotten and acknowledge that times are still tough, so as not to appear out of touch.
Finally, you may hear some truth. Like the fact that the Census is currently employing many Americans who will be unemployed once again after the national count ends, which is soon. If you’re lucky you may even be reminded that underemployment is somewhere in the area of 20%.
Basically, expect spin and more spin. And then maybe a sliver or two of truth.


by Stephan Tawney on April 1, 2010