Fed reduced it's forcast of unemployment to 8.6% -8.9% by years end.
Two months ago they had forcast 8.4%- 8.7%.
Obama joked last week that there wasn't as many "shovel ready jobs"
ready as he thought. Ha ha. Immelt laughed too.
I'd like to see how funnie it would have been if he was speaking in front
of a union hall audience.
Real jokester.
