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Reuters Right Now: October sees strong jobs growth

Friday, November 02, 2012 - 01:21

Nov 2 - Reuters Columnist James Saft breaks down October's jobs report- the last one ahead of the election.

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Words columnist James sat. This morning surprisingly. Good payrolls figures probably won't influence the election and many will explain. Support it was pretty positive strong job numbers revisions up. Labor force partition participation of unemployment. That's driven by people getting back. On the whole if you think Obama was gonna win and I think probably wise this is gonna change. So that moves us forward to what happens after the election. And people are going to rapidly be focusing on what this means -- -- Or important market where. Actually think this might risk assets and a fairly sweet spot. We got a picture of it gently recovering job market if you look at the underlying -- you know prices were only 2% a year just one point. There's no inflation pressure that means that that's gonna be free of on the gas for a little while until they see all of Europe -- That'll probably be good for stocks. My anticipation of what happens in the next re. Election Obama wins worry about it that ultimately dismiss worries on the next issue and and bargaining that happens after.

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Reuters Right Now: October sees strong jobs growth

Friday, November 02, 2012 - 01:21