Unemployment rate seen rising as election looms.

The last major piece of economic data before the election is due out this morning, with economists expecting that nonfarm payrolls increased by 125,000 in October. While that would be up from September's 114,000, it's still all very anemic and shouldn't be enough to bring down the unemployment rate at any great speed. Indeed, that figure is expected to rise to 7.9% after the surprise fall to 7.8% in September, which aroused its fair share of skeptics.