CNN/Money, who sometimes relies on advice from financial magnates like Billy Joel, says that despite the perennially good employment figures, the economy still sucks.

CNN/Money claims that the employment figures don't mean anything and that the "underemployment rate" is rising (whatever that is). They even go so far as to tell us not to be fooled by any of the good economic figures we're hearing:

An unemployment rate at 5% used to be called full employment. Today it's considered the sign of a recession.

When the Labor Department gives its March employment report this Friday, it's important to keep in mind that the relatively low unemployment rate isn't telling the whole story about the weakness of the U.S. labor market.

The article didn't make their Recession Watch 2008 page, but they are talking down the economy so frequently there is only so much they can put on one page.