Overheard on CNBC : Job Growth in time for X-Mass?

This past week I saw the following prediction flashed across the screen of CNBC:

"Employers can only push their current workforces to do more with less for so long. If output growth remains strong as we expect, hours worked and payrolls should be rising around the turn of the year." - Dean Maki, Barclays Capital

Thinking about Tony, the subject of my blog for October 19, who is working much longer hours for the same pay in order to keep his job, I wonder whether he will be able to work fewer hours by end of the year.

I seriously doubt so! This is wishful thinking for the American Worker. The US Labor Dept. just released figures this past Friday, November 6th that unemployment is now topping 10% and could climb higher.
With more workers unemployed, the economy will weaken in the next few months. This means fewer dollars to spend for holiday gifts, a weaker demand for goods and services and further layoffs.

Let's brace for the worst, America. We are still in for hard times.