The September jobs report came out Friday and for the first time in over three years, the unemployment rate is below 8.0 percent. At 7.8 percent, the unemployment rate is now its lowest since President Obama took office in January 2009. Looking for good news after receiving universally low debate marks from  both sides and seeing Republican challenger Mitt Romney creep back up in the polls, Obama touted the jobs news while on the campaign trail Friday.

During a campaign stop in Virginia, the president said that the jobs report is “a reminder that this country has come too far to turn back now.”

But should he be so quick to celebrate the new numbers which some business leaders, notably GE CEO Jack Welch, have called into question?

On “Real News From The Blaze” Friday Matt McCall and the panel broke down the legitimate places to question the strength of September’s job numbers, and how the report will play out politically with only one more jobs report before the election: