This Friday, the unemployment data will be released for the month of January.
Last month, 43 states saw their unemployment rates rise (Click to See Full Story from ABC News: Unemployment Rose in 43 States Last Month).
Yet -- unbelievably -- the national unemployment rate remained steadfastly at 10%. Since when is a whole number less than the sum of all of its parts? I guess when all the bean counters report to the President and the President is down in the polls!
That is why I didn't and the stock market didn't get too excited about that supposed better-than-expected GDP claim of last Friday.
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