Better-than-expected employment numbers from September's jobs report was a relief for the White House, Reich writes. But the economy is still growing too slowly.
Net non-farm payrolls increased adding 114,000 jobs overall with the private non-farm payrolls sub-component adding just 104,000 jobs.
Good vibrations in the market, especially those emanating from the third quarter of this year, go a long way toward solving lots of outstanding issues in a very benign and gentle way, Brown writes.
Total unemployment went flat at 14.7 percent in September, while the traditionally reported unemployment rate declined to 7.8 percent.
The big news, economically and symbolically, is that the unemployment rate fell to 7.8 percent, Marron writes.
Mitt Romney presented what Rogers writes was a fair and responsible but unspecific tax plan in Wednesday's debate.
Romney stayed on script while Obama struggled to think on his feet in the first presidential debate, Reich writes.
The latest data from the Mortgage Bankers Association shows that the average rate for a 30-year fixed-rate mortgage declined 9 basis points to 3.45 percent since last week.
The presidential debate showed almost nothing new about how either Romney or Obama would govern over the next four years, Gleckman writes.
Thursday's jobless claims report from the US Department of Labor showed a slight increase in jobless claims.