BUT WATCH FOR THE REVISION NEXT WEEK: Unemployment Rate Dips To 9.1 Percent. And note this: “Still, the economy needs twice as many net jobs per month to rapidly reduce unemployment. The rate has topped 9 percent in every month except two since the recession officially ended in June 2009. The unemployment rate fell partly because some unemployed workers stopped looking for work. That means they are no longer counted as unemployed.”

Remember, we were promised that the stimulus would keep unemployment from exceeding 8 percent.