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?
The economy added 80,000 non-farm jobs in June and the unemployment rate remained at 8.2 percent. Alan Krueger, chairman of President Obama's Council of Economic Advisers, puts the latest numbers in perspective.
U.S. markets are down slightly this morning on the latest jobs data from the Labor Department which said that just 80,000 jobs were added in the U.S. last month and unemployment remained at 8.2 percent.
Today central banks in Europe and China announced new monetary stimulus measures to spur economic growth. How will the global stimulus measures impact the U.S. economy and unemployment?
The interest rate on 10 year government bonds is back up above 1.5 percent and Oil is down to $82 a barrel in New York trading. There are signs of a slowdown in Chinese manufacturing and continual uncertainty about the debt crisis in Europe.
May's jobs reports has worried investors worldwide about their short-term prospects. But there are more acute fears of a global slowdown, caused by what’s going on in Europe and emerging markets.
