More Americans Working, Unemployment Rate Falls to 6.1%

Now I too can do what the other talking heads are doing and complain that 142,000 new working Americans in the month of August is too low a figure for this economy. And I too can look at the unemployment rate, which fell from 6.2 to 6.1%, and complain about that it is not at 1%. But compared to where we were when Bush left office, when we were losing 750,000 jobs a month, I’ll say we are in a pretty good place right now.

Of course, there’s always room for improvement, but creating almost 10 million jobs over the last 53 months is definitely progress.