This Administration spins the unemployment numbers to suit the hour and their needs.

California, while its unemployment numbers are slightly higher than the national average, has made up the 500,000 jobs it lost in the early 1990's.

But, he added, "a low unemployment number is consistent with everything we have seen in the economy."

Of course there has always been a link between unemployment numbers and inflation expectations.

The reason they are so grim is that the unemployment numbers were uneven.

"The unemployment numbers continue to make it seem like the Fed is going to ease again."

"Many of the people who are still here are no longer looking for jobs, so they don't show up in the unemployment numbers."

"We are in for a couple more months of disappointing unemployment numbers."

"The whole world will be watching the unemployment numbers," he said.

But given our massive unemployment numbers, does he know how to create jobs?