Fed Survey: The Economy is Mending

avanti9/09/2009 11:48:31 am PDT

re: #79 researchok

I’m less sanguine when it comes to the numbers (remember, every bear market has a bull rally).

When unemployment drops to 6% level (we’re talking about creating a couple of million new, real jobs), I’ll breathe easier.

That could be a decade or more. Once a business finds out it can run lean, it’s slow to build a bigger payroll.