U3 Unemployment Drops to 6.3%

[maxomai]

This morning the BLS released their latest unemployment figures. The US economy added 280,000 jobs in April. The U3 unemployment rate --- the one usually cited by the media --- dropped to 6.3%.

Thus my 7th prediction for 2014 has come to pass.

Edit Bonddad throws some lukewarm water on these numbers here.