Unemployment claims are up, and this has generated much crowing from the right. With the holiday, the hurricane and the typical September slowdown, it doesn't mean anything by itself. It might be enough to push the Fed into QE3 however, or maybe not, there are Fed members dedicated to keeping unemployment high. Don't want that wage inflation, don't you know.
New Census data indicates that the middle class continues to show a steady decline in wages, and the gap with the rich continues to widen. Is anyone surprised? It's the long game for the billionaires, but they are getting a little desperate. Most of them are getting pretty old and they aren't the first generation to undertake the push to oligarchy. The information age wasn't something that they saw coming. Without the internet they would be in a position of absolute power by now, and that has to frost them. Not that they aren't adapting, you have to stay alert or they'll take that away too.
[update] The Federal Reserve announced today that they will undertake an open ended policy of asset purchases and other actions until unemployment comes down or inflation gets out of hand. Republicans will scream that this is to rig the election for Obama, in fact if anything they are doing it to damage Obama. If they had done this a year ago inline with their mandate under the law to control unemployment, we would be far better off today.
Does this fix the economy? Not just no, but Hell no. That being said, it's the only thing the Fed can do, and it will help. Mostly it helps rich people, but unlike Reaganomics there will be some trickle down to the peasants.