The media consensus is that October's mixed jobs numbers will have little effect on Tuesday's election.
The nation's employers added 171,000 positions in October, the Bureau of Labor Statistics said Friday. As all industries except state government added at least a handful of jobs, the unemployment rate rose 0.1% in October to 7.9% from the previous month.
The media feels the numbers will have little impact on the presidential election because economic news takes some time to resonate with the public. “No one's going to print out the latest Bureau of Labor Statistics Excel spreadsheet to bring with them into the voting booth,” said Time magazine's Adam Sorensen.
CBS News' Lucy Morrison criticized the Obama Administration for its lack of response to the news, noting that it distributed nearly identical talking points last month. “The first paragraph of a memo by Alan Krueger, chairman of the White House council of economic advisers, was exactly the same as the intro from the memo from last month,” Morrison noted. She highlighted a typo in today's announcement that read “the following statement today on the unemployment situation in September.”
Republican candidate Mitt Romney noted that the numbers are not what President Barack Obama promised. “He said he was going to lower the unemployment rate down to 5.2% right now. Today we learned that's it actually 7.9%, and that's 9 million jobs short of what he promised,” Romney told attendees at a state fair pavilion in Wisconsin.