Did Folks Finally Realize How Bad The Employment Numbers Really Are? The Market Suggests That

I've been talking about it for several years. Scroll through the dismal reports. Two pages of no improvement in the jobs numbers. The original post dates back to January 21, 2011; that is more than two years ago, and the numbers have not changed. Each week Steve Liesman on CNBC, White House administration officials, and Obama apologists at Reuters, Yahoo, and Bloomburg, try to spin the numbers, but the numbers are what they are. And today there were bad:

The ADP National Employment Report revealed Wednesday that private employers hired 158,000 workers in March -- the smallest gain in five months and below economists' forecasts of around 200,000. And there were mostly in low-paying service sector jobs. 

The Dow is off almost 100 points; the S & P is down an incredible 15 points (how often do we see losses like that) and the price of oil is plummeting, down $2.50.

This suggests to me, that finally, the Steve Liesmans of the world and the Obama apologists can no longer spin the employment / unemployment story. Hopefully the numbers are good tomorrow and Friday or it's going to be another long weekend. And not because of Good Friday.