So, according to a new report released by the Congressional Budget Office (page 54 in the PDF, "Participation in the Labor Force") actual unemployment at the beginning of the year is actually much closer to 10%. Given my earlier prediction in Government Unemployment Bull (based on information released in November 2011) using their own numbers and formulas provided by the Labor Dept I'd say I did pretty good for someone whose job is not to semi-accurately predict market shifts. This just proves the federal government is out to hoodwink us all into believing what they say and then hope that people won't look at the actual numbers for themselves.
Said it before, I'll say it again... Throw them all out, and keep doing it until the new guys realize they are there to serve us, not the other way around.