U.s. Jobless Rate Falls To 7.8%, 44-month Low

Unemployment Rate

The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate fell because more people found work, a trend that could impact the presidential election.

Senh: Ok, this will take the sting out of Obama's poor debate performance.

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