UNEMPLOYMENT RATES DROPS: Under the right conditions, the drop in the unemployment rate to 8.1% would have been a selling point for Obama to use on the campaign trail, but the wind was taken out of his sail because the U.S. economy added only 115,000 jobs in April. In other words, nothing for Obama to brag about because 12.5 million Americans are still out of work.
Wall Street Journal: Job growth was below expectations once again, “a fresh sign that the economy could be settling into a sluggish spring.”
First Read: “These jobs reports do have an impact on how people view the economy. We noted earlier in the week that Romney was having a tough week because of all the national security news that dominated. This will allow him to get back on message for a month.”