A recovery would be indicated by weekly initial jobless claims holding below 500,000. (See this post.)
IT'S A RECOVERY! (And it has been a recovery for every week since the Nov. 25, 2009 report, with the exception of the Aug. 19, 2010 report.)
"The Labor Department said Thursday that 385,000 people filed for initial jobless benefits. That was up 28,000 from a week ago." (CNNMoney)
Jobless claims at four-month high, cast shadow over jobs market(Reuters) ...