Thursday, October 11, 2012

Jack Welch: I Was Right About That Strange Jobs Report

Jack Welch: I Was Right About That Strange Jobs Report - WSJ.com
The good news is that the current debate has resulted in people giving the whole issue of unemployment data more thought.
Moreover, it led to some of the campaign's biggest supporters admitting that the number merited a closer look—and even expressing skepticism.
The New York Times in a Sunday editorial, for instance, acknowledged the 7.8% figure is "partly due to a statistical fluke."

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