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Jobs report crucial to presidential election outcome


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"We should be seeing numbers in the 500000 jobs created per month," Mr. Romney said.

Oil fell $4.05, or 4 percent, to $98.49, after a weak US jobs report offered the latest evidence that the global economy is weakening, possibly reducing demand for oil. At the same time, there is mounting evidence that world oil supplies are growing.

Overall, the Friday jobs report added to concern that the economic recovery may be slowing. The figures on job creation come a week after the Commerce Department reported that during the first three months of 2012, economic growth had slowed to an

Overall, the Friday jobs report added to concern that the economic recovery may be slowing. The figures on job creation come a week after the Commerce Department reported that during the first three months of 2012, economic growth had slowed to an

Optimism has been in shorter supply since the employment figures fell short of expectations a month ago. April's report is due Friday.