That key jobs report is due at the end of next week. Some in the media like to think of it as a make-or-break report for the Obama administration. But it won't be that dramatic. Most people have made up their minds; many have already voted. So, according to The Hill, it won't be much more than a ripple in its real influence on the election.
Mark Zandi points to the "fiscal cliff" as having the major effect on job numbers.
Mark Zandi, chief economist with Moody's Analytics, said this jobs report should not affect voters’ stances, although much lower or higher numbers might.
He is expecting an increase of 140,000 jobs while the jobless rate to ticks up to 7.9 percent.
"Layoffs remain very low, but so does hiring," Zandi said.
"Businesses will remain cautious and won’t increase their hiring until policymakers address the fiscal cliff, the debt ceiling and long-term deficit reduction."...The Hill