good times just around the corner ?? ..yup ....was this january report the bottom of the bottom

Bureau of Labor Statistics, via Haver Analytics

"During the recession, the source of problems in the job market was the widespread shedding of existing employees. Today, the number of layoffs and discharges is very low — in fact, layoffs are at their lowest level since the Labor Department began collecting this data in 2000. Today’s problem instead is the very slow pace of job creation.
The number of nonfarm job openings fell again in January, by 161,000. That is the biggest monthly decline since July 2009, and places overall job openings about 36 percent below the level when the recession began three years ago."

turn up coming ??
led by manufacturing ???
or can the faultering  pub sec drag us back ???

will exports continue to dance ??

will imports squander any income rise  ???

stay tuned

the perils  of norte amigo are at a cross roads

--when aren't they  pal ---


“Generally speaking, all the data seem to suggest that if you already have a job, the labor market probably doesn’t seem so bad, but if you’re looking for a job, there’s been almost no job market improvement over the last few years....Keep in mind that these figures are from January, and a more recent Labor Department release for February showed widespread, if still not robust, hiring."