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271,000 jobs in october. sent the unemployment rate to a seven-year low. however there is also the fact that the labor force participation rate remains at a 38-year low. of 62.4%. the stocks were mixed today. the dow gained 47. the s&p 500 was down a point. the nasdaq was up 19. for the week the dow gained almost 1.5 percentage points, the s&p 500 was up about 1, the nasdaq finished ahead almost two. american businesses dreaming of opportunities in cuba. we'll get a report from havana. when we come back.

Think about that. that's a big beat. and a lot of these in business and professional services, jobs that pay well. also, jobless rate, 5.1%. we would stick at that. no, 5%, lowest level since april 2008 but this all pales in comparison to the wage number here. up 2.5%. this is critical because we have been stuck flat-lining for -- even going down for months and years now; so this is a very good number. as you say the labor force participation rate, 62.4%, and what is interesting about this report, and is buried, most of these jobs to people 5 and -- 55 and over, people 25 to 54 lost jobs. so t...

Ago. it is falling and has improved during obama's tenure. the labor rate is down. 62.4% of working age are working or looking for work. that is the lowest since 1977. that is due to the aging work force. part of that is the baby boomer generation. some people feel left out by the recovery. the number of americans living in poverty is climbed by 7 million. that is true. that's more than bush said. the percentage of americans in poverty is now declines. a lot of the context around the claims and attacks against democrats and president particularly on the economy, all of the context has to be sa...

Bit of game. >> what's that? >> so many pictures of him fishing. >> what's that? >> that's the size of cape cod, according to your map. >> 0.4, should that be holding him back. >> that's a young chris cuomo there. >> no, not really. >> that's a striped bass. you're not taking the air out of the balloon. that was a great moment. >> good eating? >> i think that the smaller ones are better eating. we do catch and release. those bigger ones sometimes don't make it. >> very nice photo, chris. >> 62.4, ocean temperature is right. you'll love it when i bring back the fish for you. >> can't wait. co...

Quarters and europe contributes more to cisco's revenues than any other region outside the united states and joining is its president of european markets responsible for the company's operations in 22 countries in europe. i think the big disappointment here, chris, is the margin because gross margin went from 63.3%, that was -- sorry, that was the average of projections to 62.4%. that's really when's hitting the stock. what will you do about it? >> i think first of all we did beat what we said in q2 in terms of guidance. 6% versus 3% to 5%. 37% -- sorry, 37 cents a share in terms of earnings v...