The Bureau of Labor Statistics Commissioner Keith Hall told a joint committee Friday most industries, such as auto manufacturers, have already made the bulk of their layoffs. Workers' hours are increasing after dropping to a record low in June and paychecks grew after stagnating or even decreasing during the downturn.
Take Simonton Windows in West Virginia. "The combination of the tax stimulus, as well as some general recovery, and market share gains we're making have allowed us to bring people back," said Mark Savan.
The company has rehired every one of the 263 employees laid off since last November.
While economists predict unemployment will hit 10 percent or higher by the end of the year, last month it dipped slightly to 9.4 percent, the first decrease since April of last year.
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