Unemployment Falls to 8.1%, But...

The unemployment rate dropped to 8.1% last month, but just 96,000 jobs were added—a number well below expectations, and one that the Wall Street Journal calls "terrible." (It also, somewhat amusingly, says it's time to "cue the sad trombone" and urges you to click here.) This jobs report and the next two are, of course, huge for President Obama, and there's not much of a silver lining in today's news: Jobs numbers for June and July were also revised downward. The only good news for Obama that the Journal can find? Jobs have been added each month since September 2010. But the bottom line: Mitt Romney will jump on today's report. (More jobs stories.)