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More Labor Pains

Bricki,

Unemployment is a "co-incident" indicator for recession, by the time unemployment spikes, the recession is already here and indisputable.

However, the peaking of unemployment is an indicator to the bottoming out of the recession. Alas, our numbers are only starting to raise and more will come in the next year, so it's not close to peaking yet.

Thus this supports this article's message, that there's more labor pains to come.

Brace yourselves.