In fact, expect the U.S. to crest above the 10% rate some time in the next few months as we're currently at 9.7% nationally. And, in my backyard (California), be prepared for a lucky 13% unemployment rate by year-end. When you factor in people who are no longer full-time or are now earning substantially less in a new job, nearly one in five Californians are "underemployed" or unemployed.

I don't know about you, but a jobless recovery seems pretty joyless to me.

Read more at: http://www.huffingtonpost.com/chip-conley/jobless-recovery-sexless_b_287199.html