iThinkBig has it right. Furthermore, the 06 - 07 employment lows are higher than the previous lows. Higher highs and higher lows are often referred to as an uptrend. In the case of these metrics, more joblessness equates to more misery.
JPDD's observation is the most valid. The author should have ended the article with the reference to another's work and the comment that he agrees. In fact, he should have simply added "I agree" to the comment section of Jim's article and spared us his diatribe.
U.S. Job Losses Continue Piling Up [View article]
Ignore Stock Market Volatility [View article]