[ex-snook]

"This is the unfortunate result of public corporations trying to please "the street". "

There is truth in that. But then the article seemed to call that a 'jobless recovery'. In which case, who really recovers in a 'jobless recovery'?

[Cold Heat]

Recovery is a staged process. Employment always lags and is the last thing to show increased numbers.

Capital spending and GDP are showing nice gains and as the harbinger of things to come like employment and further growth in cap ex.

If your expectations are to return to the dot com boom and high wage rates for IT and computer professionals, then you are going to be disappointed. that industry has begun to mature.

What we need for another boom is another great idea. I don't see one coming soon, but it is quite possible. That is the American way.