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Jack Welch: Employment Data Too Good to be True

October 06, 2012
Dheeraj Grover

Dheeraj Grover

18 followers
Well-known management guru and CEO, Jack Welch, was on CNBC to defend his call on today's job numbers. He thinks that the data are fudged and too good to be true

Credit and Source: www.cnbc.com, CNBC

Here is the video:







About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 2.5/5 (2 votes)

Comments

LwC
LwC - 1 year ago
In his column today Joe Nocera writes:

The idea that a handful of career bureaucrats, their jobs secure no matter who is in the White House, would manipulate the unemployment data to help President Obama, is ludicrous. Jack Welch knows it, too; when I called him Friday afternoon, he quickly backpedaled, " I'm not accusing anybody of anything," he protested.

paulwitt
Paulwitt premium member - 1 year ago
I agree with Al Gore. The air is thin in Denver.

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