"The U.S. labor market's deterioration has entered its final lap, but" (unemployment rate, Obama)

[delusianne]

...skepticism over the fragile economic recovery may result in job creation that is too weak to make huge dents in the unemployment rate.

Analysts said government data on Friday showing the economy shed a mere 11,000 jobs last month, the fewest since the start of the recession, was the strongest indication yet that the battered job market was starting to turn around.
***
"We are getting toward the end of the declines, but I don't think we are done with the declines. We are in the early stages of turning up. The signals of an upward turn have started to move," said Nigel Gault, chief U.S. economist at IHS Global Insight in Lexington, Massachusetts.

Labor market rout in final phase | Reuters

Is that light down there? The end of the tunnel?

[MarkInVegas]

We lost manufacturing jobs to cheap foreign labor and unrestricted free trade. Those job are not coming back unless Obama, et al starts putting American interests ahead of China's.