From the Washington Post:
"Breaking News" U.S. Employers Shed 247,000 Jobs in July; Unemployment Rate Slips to 9.4 Percent"
No, it's not great, but it's also another sign that we've hit bottom and are turning things around from the Bush/Republican Great Recession, in large part thanks to aggressive action by Barack Obama and the Democratic Congress (no thanks to Republicans, except for Olympia Snowe and Susan Collins).
UPDATE: The Post article adds that this "[s]howing offers strong signal that recession is finally ending."
Blue Virginia
