June 2012, job seekers wait in line at a job fair expo in Anaheim, Calif. This August's job report seemed weak compared to July but might not sway decisions for the presidential race.
Jae C. Hong, Associated Press
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Our take: Though this months anticipated jobs report was thought to help sway the presidential race, it ended up being more or less anticlimactic. Nate of the Five-thirty-eight blog reported on what the job numbers mean for the race:
"Friday's jobs report was a weak one ? with August's job growth more in line with the tepid growth of the spring than the stronger numbers in July or over the winter months.
"Furthermore, job-growth numbers for May and June were revised downward slightly, and manufacturing jobs ? a measure that Democrats touted at various points during their convention this week in Charlotte, N.C. ? fell by 15,000.
"Politically, however, it is less certain that the report is going to matter that much. The unemployment rate declined for superficial reasons, which makes for a gentler headline for President Obama."
Read more about Effect of job numbers on The New York Times.
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