by J.C. Derrick
Posted 9/07/12, 11:45 am
WASHINGTON - Nothing said at either party's convention may have as much effect on the 2012 presidential election as the three job reports coming out before voters go to the polls on Nov. 6.
The first of those reports came out today, and the news wasn't good: The economy added only 96,000 jobs in the month of August, and the unemployment rate fell from 8.3 to 8.1 percent because 368,000 people stopped looking for work. To make matters worse, the Department of Labor said 41,000 fewer jobs were created in June and July than first estimated.