BREAKING NEWS: US Jobless Rate Falls To 7.8%, A 44-month low

For the first time in nearly four years the U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent. The Labor Department said Friday that employers added 114,000 jobs in September. The economy also created 86,000 more jobs in July and August than first estimated.

This could potentially help President Obama in his campaign.