The economy added 171,000 jobs last month and unemployment rate in October ticked up to 7.9 percent as more people entered the workforce to look for jobs. Obama and Romney economic advisers tell us what they see in the numbers.
The government's October jobs report is out this morning and the Bureau of Labor Statistics is reporting that the economy added 171,000 jobs last month and the unemployment rate ticked up to 7.9 percent.
The Labor Department releases its last employment report before the election today. The U.S. has added jobs for 24 consecutive months, but at a slow rate.
New weekly claims for unemployment fell last week to the lowest level in four and a half years. Combined with last week's employment report, the claims data provides evidence of a slowly improving job market.
September's unemployment rate fell to 7.8 percent, the same place it was when President Obama took office. Presidential economic adviser Alan Krueger and Romney adviser Glenn Hubbard share their reactions to this morning's jobs report.
The government's September jobs report is out this morning. The Bureau of Labor Statistics is reporting that unemployment has fallen to 7.8 percent with 114,000 jobs added last month.
When it comes to all of the different indicators used to measure the country’s economic health, especially during the election year, the unemployment rate is the Big Man on Campus.
The Presidential race this week can be summed up in a few words: Outsourcing, wealth, taxes, and jobs. How are American voters responding the latest week's news?
