Since World War II, incumbent presidents have been defeated in election years when the unemployment rate is above 7.5 percent. What does that mean for President Obama and October's 7.9 percent unemployment rate?

Depending on political spins and eventual revisions, the final Bureau of Labor Statistics jobs report before the presidential election, could be good or bad for whoever wins.

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.

The firm Challenger Gray and Christmas says planned job cuts at U.S. firms jumped 41 percent in October -- the highest level since May.

Ahead of the government's jobs report tomorrow, Gallup is predicting a decrease in unemployment from the organization's independent polling.

Initial claims for unemployment insurance dropped last week and productivity increased modestly. Does the data mean hiring is back on track?

Last week's initial claims for unemployment are out, and they seem to resume a positive jobs trend that had been interrupted by a couple of hiccups in recent weeks.