October 5th, 2012
11:17 AM ET
10 years ago

Jack Welch: Unemployment rate cooked

New York (CNNMoney) - 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. But the Labor Department was quick to dismiss such claims.

"Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers," tweeted Welch, the former CEO of General Electric.


Filed under: 2012 • Jobs • unemployment
soundoff (52 Responses)
  1. FactCheck

    Let me tell you the BLS just shot their credibility right to hell.
    Yes, I'm sure that the BLS is really concerned about what whackadoodles like you on the Internet think of them.

    October 5, 2012 12:48 pm at 12:48 pm |
  2. Leede

    Good its going down but hold off on the parade. It does little to change 23 Million under or unemployed. Compound that with our dismal 1.3% growth rate when we really need over 3% to keep up wth birth & immigration.

    October 5, 2012 12:48 pm at 12:48 pm |
1 2 3