With everything openly turning to shite with nobama at POTUS, this “churning” is not going to improve even if the Senate changes majorities this Fall, unless its by a super majority.
If we are lucky enough to get a good conservative POTUS and have the majority in Congress in 16, hold on to your hat, a whirlwind boom will take place with pent up business and employment taking off from such an extended malaise.
Quits are coming back too which is a good sign. It will be interesting to see if the upside breakout on NFP the last three months can continue. regardless, a tepid jobs recovery (longest ever).