Who knows what the jobs number is going to be and how accurate the numbers are (after the various fudging games)? The jobs number is always a lagging indicator anyways (though it can be leading in certain situations in credit-based recessions/depressions such as the present).
It is often a coincident indicator. A monthly loss of jobs after there are steady jobs gains usually means a recession has started. This was the case in December 2007, February 2001, June 1990, May 1981, and January 1980. Its almost like clockwork. If June is a negative number, it will likely mean that a recession began in June or will in the next couple months.
We never have left the depression that started at the end of 2007.
