July unemployment stayed at 9.5%. 131,000 jobs lost.

Not exactly great news about jobs. Overall, there was a job loss, but private employers added 71,000 jobs:

Employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to an anemic economic recovery.

Non-farm payrolls fell 131,000 the Labor Department said on Friday as temporary jobs to conduct the decennial census dropped by 143,000.

Private employment, considered a better gauge of labor market health, rose 71,000 after increasing 31,000 in June. In addition, the government revised payrolls for May and June to show 97,000 fewer jobs than previously reported.

Earlier this week, Tim Geithner said we're in a recovery.

Here's one analysis, via MSNBC:

“The good news here is we are not falling off a cliff; were getting job growth,” said Mark Zandi, chief economist at Moody’s Economy.com, told CNBC. “But obviously this is not enough. If we don’t see better job growth later this year and next the recovery is in jeopardy.”

It really is about jobs, jobs, jobs.

Atrios says:

Maybe somebody should do something.