We are supposed to get the latest unemployment figures tomorrow.  Earlier in the week you will remember that there was speculation that the Labor Department wouldn’t be able to get the figures out in time, due to Hurricane Sandy.  But considering the skepticism that surrounded the last unemployment numbers, quickly the Department realized that they needed to work hard not to place any more doubt in the minds of Americans.  But then we get this …

Revisions to the way payroll data firm ADP counts private sector job creation have resulted in a sharp drop in the September employment count.

ADP's new calculations put the monthly job creation at just 88,200, down from the 162,000 the firm originally reported earlier this month.

The firm recently has entered into a partnership with Moody's Analytics that will change the way the private payroll count is calculated.

The new private payroll count now is actually under Labor's September job creation household survey net total of 114,000, 104,000 of which came from the private sector.

That’s quite a dramatic change in the number of jobs created last month .. the same month where the unemployment rate magically made its way below the 8% threshold. 

So at this point, which numbers can you even trust?  Well, the numbers may not matter all that much because it doesn’t take a genius to look at the labor market and see what is going on here.

• Almost 1,000 people every day are dropping out of the labor force and enrolling in Social Security Disability.

• The jobs that ARE being created are temporary jobs.  This is due to the uncertain condition of the business climate, and looming government policies like ObamaCare and other tax hikes definitely add to that uncertainty.

• Despite our ever-growing population, there remain fewer Americans working today than the day Barack Obama took office.

The truth is, folks, that Obama has been an staggering failure when it has come to our economic recovery.  Obama inherited an economy that, no doubt, merited an enormous amount of attention and dedication.  Instead, his solution was to spend money we didn’t have ($800 billion stimulus) on things that we didn’t need (turtle tunnels) and then shift his focus to passing ObamaCare.  What little focus he did have on the economy was misguided and we are still seeing the lingering results of that over three years later.