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The Boston Globe

Politics

Analysis

Jobs report a best-case scenario for Obama

After a dismal debate performance on Wednesday night, President Obama got the best possible economic news this morning when the federal government reported that the unemployment rate had fallen to 7.8 percent in September - just below the 8 percent rate above which no incumbent has been reelected since World War II.

The Bureau of Labor Statistics said employers added 114,000 jobs in September, and it revised previous numbers to show the economy also created 86,000 more jobs in July and August than first estimated.

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