I'm no economist, but this doesn't look good:
Some might say that the unemployment rate hasn't dipped -- it's still at a fairly low 4.6 percent -- but even that's not necessarily a comfort. EPI says: "The reason August's unemployment rate was unchanged was due to a large monthly fall off—down 340,000—in the labor force (those who leave the labor force are not counted among the unemployed). In other words, the unemployment rate was unchanged due to fewer job seekers, not more jobs."
