Parsing the lousy job numbers

The U.S. Labor Department will release two more sets of jobs market numbers between now and Election Day and President Obama will be looking for much better than he got this morning. Yes, the unemployment rate dropped to 8.1 percent but only because the labor force participation rate fell to its lowest point in three decades. CNNMoney's Chris Isidore writes about the many young people dropping out of the job market, while writers at Bloomberg look at how the Romney campaign will benefit from the weak numbers. Meanwhile, the broader U6 unemployment rate — which includes people not actively looking for work — dipped to 14.7 percent but has been churning since the beginning of the year.