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tv   Up to the Minute  CBS  August 3, 2012 3:10am-4:00am PDT

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looking for work. the government releases the latest jobless figures, while the presidential candidates offer their solutions on breaking the unemployment stalemate. >> highway disaster, at least one person is killed and dozens more hurt when a bus slams into a bridge support. and inside the attack. new video shows a terror group plotting and carrying out a new video shows a terror group plotting and carrying out a strike against u.s. troops. captioning funded by cbs this is the "cbs morning news" for friday, august 3, 2012. good morning everybody. good to be with you on a friday. i'm terrell brown. the most dominant theme of campaign 2012 is the economy, it particularly the unemployment rate. and there will be more fuel for the fire this morning. the labor department releases
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the jobs report for july a little later. there are just two more jobs reports before election day. that means time is running out for president obama to deliver on his previous goal to get the jobless rate below 8% and mitt romney is seizing the opportunity. susan mcginnis is in washington with more on that. susan, good morning to you. >> terrell, good morning. the unemployment rate has been stuck at 8.2% for three months and it's been above 8% for more than three years. and for voters that we talked to, including small business owners, that's a big issue for the november election. three months before the presidential election a key indicator of the job market is being released today that could help voters make up their minds. economists expect the july employment report to show the economy added 100,000 jobs last month, enough to absorb new americans entering the workforce, but not enough to lower the rate from 8.2%. >> michael gorman is a home builder in virginia. before the recession he employed 44 people full-time.

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