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I'll reiterate what I've said in other threads: employment numbers are a trailing indicator, markets are a leading indicator.
We'd have to look at a third set of indicators that are happening right now. Should we be looking at those instead of what is expected to happen in the future and what has resulted because of the past?
The employment numbers are more a reflection of 2008/2009 than 2010. What about right now?
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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