Jack Welch: Unemployment rate cooked

Jack Welch: Unemployment rate cooked

There are 45 comments on the WGAL-TV Lancaster story from Oct 5, 2012, titled Jack Welch: Unemployment rate cooked. In it, WGAL-TV Lancaster reports that:

The big drop in the unemployment rate a month before the presidential election brought cries of disbelief and conspiracy theories from Jack Welch and other critics of the Obama administration Friday.

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United States

#44 Oct 5, 2012
Va te faire le enculer wrote:
Your political hate is making you doubt even the publish results from neutral entities. If you doubt this now, then you must doubt it in the future and back in the past too!
Jack Wells is a political tool and not longer an economic expert!
Why not be honest and simply say we don't want a negro in the white house? And end the twisting and making pretzels out volatility and natural economic noise!
Published results are the problem.
The Establishment Non-Farm Payroll report shows 114,000 new jobs created in September.
The Household survey (known to be more volatile) shows 873,000 new jobs in September.
This is a huge discrepency. Though the two never match, this gap is off the charts...literally.
Most experts were predicting a rise to 8.1% in the unemployment rate this month, so understandably, most of the experts are questioning the numbers.
So take your frayed, worn out race card and use it for toilet paper.

Montréal, Canada

#45 Oct 5, 2012
Bill Maher Rips Obama's Debate Performance: 'Looked Like He Took My Million And Spent It All On Weed'

Denver, CO

#46 Oct 5, 2012
If Mitt Romney can just cream Obama in the next two debates, the jobless rate may get all the way down to 5% by election day.

Roseville, MI

#47 Oct 6, 2012
Tony wrote:
Jack Welch cooked the books at GE so what is he griping about.
He is telling us Obama cooked the books.

But you really don't care do you?

United States

#48 Oct 6, 2012
All the Independent Economists are saying there is no way Unemployment went down to 7.8% with only 114,000 new jobs. Of course they lied about the numbrs. It is what they do. They think we are all Affirmative action figures. Some of us can read, and write.

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