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"What it is: Each month, the government calculates how many people are on private and government payrolls across every sector to determine how many jobs the economy is creating or losing.
Why it's important: The economy is still shedding jobs by the hundreds of thousands each month. Even though the number has decreased substantially from the recession's peak, economists say a true recovery cannot take place until a good number of jobs are created each month.
Where we're headed: The labor market has historically dragged its feet at the beginning of an economic rebound, as businesses wait for sure signs of a recovery before hiring. And the trend needs to continue in the right direction before we can reasonably talk about job creation"
__________________ "No one walking this earth knows what is truly righteous"
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This economy is going absolutely nowhere for the next 4-6 years and then the next 15 year bull market will begin due to the biotech/alt energy revolution.
Until then , be thankful, if you're employed.
I hope your wrong about the economy. While a drastic change in ideology is a must for the average person or consumer. 4 to 6 yrs would be a death sentence for a great many. Let's hope for two things. One things get better quicker and secondly societally we learn from our mistakes. I don't have much faith in either.