I have been looking at recent employment figures. It looks like unemployment has stopped rising and general employment figures are starting to rise. I am not sure if this is a trend that will continue or if we are on a false rise. I think only time will show us the true case, but I think that the fundamentals just aren’t in the right shape yet for a full recovery.
Of course, I could be wrong, in fact I am probably wrong, but so are many economists.
