Early Start with John Berman & Christine Romans

MYB: July jobs report preview

U.S. stock futures and European markets are up ahead of the July jobs report, set to be released by the Labor Department this morning at 8:30am ET.

Economists surveyed by CNN are predicting the economy added 95,000 jobs last month.

That's only a slight improvement over the 80,000 jobs added in June, and is not strong enough to keep up with population growth, let alone reduce the unemployment rateĀ from its current 8.2%.

Christine Romans breaks down the predicted figures on Early Start this morning and explains how the numbers will influence the November election.