White House Press Secretary Robert Gibbs Monday on MSNBC, on when the public can judge the success of the stimulus: “I think we should begin to judge it now.”

The news, today:

Automatic Data Processing, a payroll-processing firm, said private-sector employers cut 473,000 jobs in June, a 2.5% improvement from the revised 485,000 drop in May.
The June job cut total was more than expected. Economists surveyed by Briefing.com had forecast a loss of 394,000 jobs last month.

The honest-to-God headline on CNN: “Job Market Shows Some Improvement.”