FOXNews.com: Unemployment rate rises to 7.9 percent, economy adds 171,000 jobs

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Unemployment rate rises to 7.9 percent, economy adds 171,000 jobs Nov 2nd 2012, 12:34 The unemployment rate in October rose a notch to 7.9 percent, according to the latest Labor Department report, as employers added 171,000 jobs.  The numbers stand as the last major economic report before Election Day, capping what has effectively been a two-year campaign focused largely on jobs -- or the lack of jobs.  The prior September jobs report came as a surprise, showing the unemployment rate dropping to 7.8 percent, dipping below 8 percent for the first time since Obama took office. However, economists on both sides of the aisle questioned the accuracy of the number, and Republicans continued to claim that job growth is not nearly where it needs to be.  Obama has said all along that there's more work to do, but has argued that electing Romney would turn back the clock on the recovery.  "We've made real progress these past four years. But, Colorado, we all know our work is not yet done," Obama said at a Colorado rally on Thursday. "As long as there's a single American who wants a job and can't find one, our work is not done."  Still, the president said shortly after taking office that failing to right the economy in three years would mean a "one-term proposition."  Romney has called for a new course, and has described the president as out of ideas. On Thursday, he repeatedly mocked Obama for proposing a so-called Department of Business.  "I just don't think another Cabinet chair is going to create the jobs that America needs," Romney said in Doswell, Va., part of a daylong swing through the battleground state.  Romney plans to hit rallies in both Wisconsin and Ohio on Friday. Obama will attend three campaign events in Ohio.

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