Decius wrote:
] There is a lot of journalist fluff in this article. Scan for
] numbers. The job growth last month beat estimates, but that
] doesn't mean it was particularly good. If numbers like that
] are sustained for a while it would be a positive sign.
] However, there are still fewer jobs in the economy today then
] there were in March of 2001.

Worse yet, the recent numbers don't tell much. They have been consistently revised after a couple of months when more data came in (remember, it is all estimates). And they generally are not revised positively.

RE: FT.com / World - Balance of power shifts to the employers