35 and falling
New CBS News job approval rating for the President. Yglesias puts it in perspective:

Indeed, it seems to raise the question of whether it'll even be possible for Bush to go any lower. After all, 22 percent of Americans say they've personally seen ghosts, so you can probably get 20 percent to agree to anything.

A Kos diarist points out that Bush is now only 8 points ahead of Nixon's 27% approval at this time in his second term.