US jobs report boosts Obama

A strong US jobs report gave President Barack Obama an upbeat end to a startling week for both presidential campaigns, while Republican challenger Mitt Romney finally addressed his disparaging remarks about the 47% of Americans who do not pay federal income taxes, calling his words “just completely wrong”.

The government’s new jobs report showed that the country’s unemployment rate fell to 7.8% last month, dropping below 8% for the first time in nearly four years. Unemployment had been at 8.1%.