Two leading labor indicators pointing up = more upside to employment and more . . .

The labor report of March 8, 2013 was better than expected.  Within the report were encouraging indicators that the improved results may persist.  The Carpe Diem Blog published the following chart of temporary help workers and manufacturing overtime. Each are sloping upward.  Each are precursors to changes in the direction of hiring. Each are at levels and rates of change that have been consistent with improving economic growth and market appreciation.  Jeb B. Terry Sr. March 9, 2013.

temp Help & Mfg Overtime 3-8-13

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