BLS Economist Explains Why 'Cooked Jobs Report' Charge Is 'Preposterous'
It's 32 days before election day, and an embattled president receives news that could only bring him joy. For the first time since Barack Obama's first month in office, the national unemployment rate has dropped below 8 percent, to a September tally of 7.8 percent.
"Well, isn't that convenient?" in effect howled many in the blogosphere, with a charge that the jobs report had been "cooked."