Will Obama catch a break with the jobs report or suffer the old one-two? We are moments away...
Up 110,000 is the consensus forecast.
HERE WE GO: Up 114,000 matches expectations; unemploment drops to 7.8%, making a great headline for Obama. Presumably workforce participation is a factor here [or not - volatility in the household survey may be driving this].
August and July are revised upward by roughly 40,000 each.