Jobless Rate Drops to 7.8 Percent; Jack Welch Accuses Admin of Cooking Books

‘These Chicago guys will do anything’

Former GE CEO Jack Welch Says White House Manipulates Jobs Data (Bloomberg)

Former General Electric Co. (GE) Chief Executive Officer Jack Welch accused the Obama administration on Twitter of manipulating today’s employment data for political advantage.


“Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers,” Welch wrote in a message posted immediately after the U.S. Labor Department reported that the economy added 114,000 jobs last month, pushing the unemployment rate to 7.8 percent, the lowest since President Barack Obama took office in January 2009.

Related links
Video files
Full
Compact
Audio files
Full
Compact