Jobless Recovery is Not Sustainable Recovery

Retail numbers have been good and rising.  The holiday shopping season was pretty good considering our economic state.  So even if we're not completely out yet, those stats told us that consumers are optimistic about the future, enough to cease their hording and continue their spending.

Manufacturing numbers at the beginning of the year was good as well.  It signaled a growth in the manufacturing sector which sent stocks soaring as the opening bell of 2010 was still reverberating in the traders' ears.  This signaled that companies are confident that they will find consumers for the products they were producing, though they have yet to do so.

But in spite of the good signs and positive economic numbers which seem to be signaling a recovery, jobs are still in a dire straight.  Though everything else in the economy seems to be picking up, jobs still are not.  And now some people are calling this the jobless recovery.  But I doubt that there can be a sustainable recovery without jobs recovery.  We are still losing jobs, albeit the decline as slowed, we are still losing jobs not adding them.  And without jobs, consumers don't have the income to spend, and this economic state becomes a vicious cycle.  What's holding it up?  It seems like the same old story, government intervention.