The Labor Department on Friday is expected to report the economy added 120,000 jobs in October, below the 148,000 recorded in September and the trend for months prior. … Adding discouraged adults, who have quit looking for work altogether, and part-timers who want full-time employment, the unemployment rate is 13.6 percent. Even with more full-time positions, the pace of jobs creation is well short of the estimated 360,000 needed each month to lower unemployment to 6 percent over three years. That pace would require GDP growth in the range of 4 percent to 5 percent. … The increased cost and...