Now that's what I call a "baby bounce": 32k new jobs !! I think the conventional wisdom has been that Bush will go into the election with a growing economy, albeit one with tepid growth. The employment figures over the last three months indicate that another recession/jobless "recovery" is on the horizon (if we're not already there), so that assumption will have to be revised. Expect to see more bogus ads of the "Swiftboat" variety from the Bush camp if the economy continues its Triple Salchow into the toilet.