Is the Job Market Ready for a Recovery?

Hussman Funds Investment Research & Insight ^ | September 8, 2009 | William Hester

[Stayfree]

One of the more discouraging data points for workers in Friday's report was the drop in temporary hiring. While the rate of decline in this data series has slowed when compared to trends from earlier this year, employers are still cutting temporary positions on a net basis. It will be important to watch this data series when it turns positive and to monitor how strongly it does so, because temporary hiring is a reliable leading indicator of nonfarm payrolls.

[Stayfree]

There are several very informative charts, especially the chart of temporary employment which suggests that we are nowhere near recovery!!!!!!!!!

[Dem Guard]

It will be interesting to see what kind of hiring we get when we finally see some. General government and military
will probably be a good share of it near term.

[Stayfree]

Sorry, title should be “Is the Job Market Ready for a Recovery?”

[combat_boots]

Well, if 0bama Deathcare passes, morticians and grave diggers will have work. So will death pill makers.