Ｉs US economy growth without employment?

"Now the fact is that unemployment is so serious and duration it takes for Americans to find a job has only lengthened.

These statistics clearly show the severity of the current situation. Here you can easily see why this is not a garden variety post-WWII recession, but something very different.

The current plunge is structural, not cyclical. Most of the jobs lost will never come back. The real estate bubble severely distorted the economic structure. Now the world economy has a lot of rebalancing to do. And this process will last much, much longer than the “green shoots” crowd deems possible.

My suggestion for you today is to watch the stock market for hints of the beginning of the next stage of this crisis. Watch unemployment and world trade as reliable indicators of the severity of the slump. And then watch California to get a feel for the next important act of this economic and financial drama: The government funding crisis and all its related repercussions. "

source-commdity online

I have many questions against this idea.

1. It`s ok if US economy and the stock prices are going up led by competitive world leading companies along with the world economies showing bright sign, but as long as deepen unemployment concerns occur serious social problems.
2. Deleverging in household sectors means less consumptions,not easy situations for job seeker less consumption.
3. The low Credit small-mid sized companis will face more difficutlies to find credit line,because it has been seen Japan for the bankers they invest to the bonds market rather than lend money to companies. Its easy way.
4. The cash is king!!!!