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9:30 a.m. eastern. i'm poppy harlow. thank you for being me. take a look at wall street. we just gotta all important jobs report. on the heels of the report, 271,000 jobs added in october. and unemployment falling to 5% since the depths of the financial crisis. romans with m. >> and wages up. more than a decade now of stagnant wages. so you are finally seaing wage growth here. strong gains across the categories for job creation. when you look at the markets here there is a couple of things happening. a lot of folks think now the federal reserve can raise

Stock market is doing right now. it is up very slightly, about 14 points but it's on the up side. the new jobs report show the number of jobs added to the u.s. economy was 271,000 in october. the unemployment rate for the month actually dropped to 5%. it's a different story when you break up the numbers by ethnic groups, as we always do, 9.2% for african-americans, 6.3% for latinos, 4.4% for whites and 3.5% for asians. >> jason, it's good to see you. let's talk about the numbers. when was the last time it was at 5%? >> the last time it was at 5% was in 2008. the number we're most excited about...

My wife, i give my wife everything. i do anything i can for my wife. i'm sleeping with her. who your sleeping with? >> i propose that there be a special recall election of this whole damn board. >> wow. the reason why everybody is so upset a new report shows their superintendent's total compensation for last year over $663,000. all for running a district with just three schools and just about 6,500 students. >> joining us now is someone who attended that meeting and has lived in that district her whole life, danielle. nice see you this morning. welcome to the show. >> good morning. >> before w...

Hitler. this is as ugly an endorsement as you could possibly get, isn't it? >> yeah. and i'm guessing bostic doesn't want that endorsement, and barely to be quite frank doesn't necessarily benefit that much even from santorum's endorsement. folks in south carolina in that district don't care about these folks weighing in. this is a district, very conservative. it is going to be about who they feel comfortable with. this race, you know, obviously sanford was in that seat before, a former governor. let's also remember newt gingrich won the south carolina primary by a landslide, and santorum won ...

With more. hi, molly. >> reporter: hi, gregg. well, more than a half million homes have already fallen into foreclosure in the beginning of this year and now a study by mit and harvard researchers reveals the drop in value to a foreclosed property is more staggering than many would believe. >> $271,000. >> reporter: banks quick to give mortgages in the housing boom, now find themselves holding properties worth a fraction of what they once were worth, especially when a property is in foreclosure. >> in fact, the discount on average, is about 27%, which is a very large number. >> reporter: joe c...