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the global markets reacted badly to that may jobs report. and the obama and romney campaigns seized on the numbers to make a sales pitch to voters. the dow jones was down for much of the day as the fallout continued from the weak may jobs report. >> friday's numbers were very far from where we want them to be, where the president wants them to be. but even those numbers, again, another month of private sector job creation, compare favorably by anyone's standards to losing 750,000 jobs in one month. >> reporter: the slow u.s. job growth has investors rattled and coincides with the perfect storm of bad economic news around the globe. china's economy is unexpectedly slowing down. and the debt crisis in europe is only worsening. >> that global environment across the three main engines of the global economy is looking a lot weaker than a month ago. >> reporter: one bright spot, oil prices are at their lowest levels in eight months. for americans that means less pain at the pump. but it's a slow trickle down. prices aren't exactly

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