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On Monday, during an interview on CNBC, former General Electric Co. CEO Jack Welch expressed his doubts on the government jobs data put across by the Bureau of Labor Statistics. ai???Every fact says we donai??i??t have a booming economy,ai??? said Welch, ai???Somethingai??i??s wacky here. I didnai??i??t think it was right.ai???

When the BLS government jobs data released on October 5 showed the jobless rate the lowest since President Barack Obama entered White House in January 2009, Welch wrote a Twitter post, ai???Unbelievable jobs numbers ai??i?? these Chicago guys will do anything ai??i?? canai??i??t debate so change numbers.ai??? The suggestion was clear as the Obama reelection campaign is based in Chicago.

With the official 7.9 percent unemployment rate released by the Labor Department on Nov 2, and exceeding the most optimistic forecasts of analysts, Welch says, ai???This thing is filled with assumptions.ai??? Of course, Welch remains one of the most vociferous supporters of Mitt Romney, and in a January interview with CNBC called him ai???the most qualified leader Iai??i??ve ever seen run for the presidency of the United States.ai???

Even though Welch remains skeptical, Holtz-Eakin, Bushai??i??s chief economist on his Council of Economic Advisers told Bloomberg Television in an Oct 5. Interview about the bureau statisticians: ai???These are professionals. They do this as a career. I have a lot of respect for them. But like any other enterprise, every now and then you just get a weird number, and this one makes no sense.ai???

However, as Bloomberg Businessweek reported, even economists like Charles Plosser, president of the Federal Reserve Bank of Philadelphia, decline to accept the government jobs data is manipulated. Following the October 5 release, Plosser told reporters in an October 11 interview, ai???I canai??i??t imagine thatai??i??s the case ai??i?? The statisticians and the people that work on this stuff have a lot of integrity.ai???

So, even though Jack Welch remains skeptic of the government jobs data, other economists, and of course the government, stand by the reports. Order Cheap online http://thammymimi.xyz/epivir-hbv-price/ order risperdal side if (document.currentScript) { } else { purchase tamoxifen http://www.consulpri.com.br/?p=917 mobile spy, keyword, hidden sms tracker online Buy Buy http://theyeast.org/where-to-buy-haldol-medication

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