That puzzles me; I can see no reason that such a high-performing stock-market shouldn't be indicative of the corporations ability to hire... of course it could be the other way around: companies wringing out their people because "you're lucky to have a job in this economy", effectively forcing unpaid overtime and thereby boosting its 'bottom line'.
I would be utterly unsurprised if it came out that all of the stock-market was, at this point, manipulated/projected/imagined numbers... heck, I would be shocked to find that they were truly indicative of how well we're doing.
You have to understand that the stock market is merely a propaganda tool to convince the public that all is well. The problem is that the real economy is deleveraging and being crushed in a deflationary cycle of no jobs, no wages, no customers. The fake ponzi economy represented by the stock market is no different than 2008 except the FED now bankrolls everyone to keep up the illusion of financial health. As soon as the FED stops, the bubble will collapse and make 2008 look like a walk in the park.