Thursday, October 11, 2012

But Jack Welch Will Say The Numbers Are Cooked

From The Wall Street Journal:

"First-time claims for state unemployment benefits fell sharply in the latest week to their lowest level since February 2008, the Labor Department reported Thursday. The number of initial claims in the week ending Oct. 6 fell 30,000 to 339,000...

"'Maybe the unemployment rate drop wasn't a fluke?' said Robert Brusca, chief economist at FAO Economics."

Gee, Bob — ya think?

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