Today's Bureau of Labor Statistics jobs report
contains the unwelcome news that unemployment has, as expected,
crept up into the double digits: 10.2 percent, up from 9.8.
190,000 jobs were lost, which is fewer than have been lost in
recent months.
Psychologically, the double-digit barrier is a big one. In
particular, look for the Republicans to start hammering the Dems
on their economic program more and more, and don't be surprised
if Democrats start advocating more unusual and bold
stimulus-style job creation measures.