We're still seeing job cuts in manufacturing, and it's going to stay that way for some time.

This is a little bit like getting a bigger-than-expected package in a much prettier wrapping and huge bow, but you open it up and it's exactly what you thought you were going to get.

The problem, ... is that the markets have fallen sharply and they've fallen because all these financial shenanigans are coming unraveled.

My view is the previous months were the aberrant month, and June makes more sense.

Those two things could come into collision, and cause you to get faster hiring in the first part of the year, then have it catches up with you later,

If you've had a turbulent August/September period, ... It's less likely you're going to get sucker-punched in October.