WASHINGTON, DC - JUNE 10: U.S. President Barack Obama shakes hands with economist Jason Furman during a personnel announcement June 10, 2013 at the State Dining Room of the White House in Washington, DC. President Obama has nominated Furman to succeed Alan Krueger as the chairman of the Council of Economic Advisers. - 

Unemployment in August moved down to 7.3 percent and 169,000 more people showed up on payrolls according to government figures today. The economy has had a slow recovery--the labor participation rate is down and the duration of unemployment has gone up. Jason Furman, President Obama's chairman of the Council of Economic Advisers, joins Marketplace Morning Report host David Brancaccio to disucss the report. 

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Follow David Brancaccio at @DavidBrancaccio