1. Good News

    U.S. Adds 114,000 Jobs in Sept.

    FILE-In this Sept. 21, 2012, file photo, Lam McIntosh, 33, of Salt Lake City, receives assistance from employment counselor Gloria Archuletta while looking for benefits at Workforce Services, in Salt Lake City. The number of Americans seeking unemployment benefits plunged 26,000 last week to a seasonally adjusted 359,000, a hopeful sign for the job market. The Labor Department said Thursday, Sept. 27, 2012, that the four-week average, a less volatile measure, declined 4,500 to 374,000. That's the first drop in six weeks. (AP Photo/Rick Bowmer, File)

    Rick Bowmer, File / AP Photo

    Jack Welch may not believe it, but the U.S. added 114,000 jobs in September, helping to push the unemployment rate down to 7.8 percent—a figure not seen since President Obama took office in January 2009. There were other unexpected nuggets of good news, too: numbers for July and August were revised upward to show 86,000 more jobs created than previously reported. The numbers could have a crucial effect on the presidential election, in which Mitt Romney has been running on the weak economy.

    Read it at The Daily Beast