Quote Originally Posted by spqrzilla View Post
We will have turned around as an economy when U6 unemployment starts going down significantly. Not the regular number that is reported, that might stay up as those people who gave up looking for work (included in U6) return to looking for work.

We will have turned around the economy when we start signficiantly adding more jobs than just the number required to meet population growth/immigration
Not a bad start. I presume that the jobs growth figures would be both a leading and trailing indicator of improvements in other economic factors, like [trailing] rebound in housing starts and increase in manufacturing output and [leading] increased tax revenues to balance the budget/attach the debt?