My visual reading of Bay Area employment trends suggests a leveling off of growth. (see See the Bay Area Employment Trends page (at top) for June 2013 data)
Is this a plateau before the next leg up or a top before employment growth stabilizes? Charts are visual representations of something (numerical) that happened in the past. Some stock traders believe they are predictors while others could care less as they focus on the fundamental underpinnings of economic trends. The employment trend line is not a stock price but economic trends do not follow straight line paths for long.
Of more interest, is Apple’s planned hiring binge a sign of the end of the upward trend?
A contrarian might say yes!