President Barack Obama probably can't wipe that smile off his face right now. The latest national jobs report reveals that unemployment dropped considerably in September, bringing the jobless rate to a four-year low.
Reuters reports that a considerable surge in hiring "pushed the jobless rate down by 0.3 percentage point to its lowest level since January 2009," when Obama took office.
For Obama's re-election campaign team, the news couldn't have come at a better time. A CNN poll found that most people who watched the first presidential debate on Wednesday night called Romney the winner. But an improving labor market may help improve Obama's post-debate favorability.
Regardless of political leaning, we can all agree that a stronger economy is good thing. Hooray for the USA!
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