Jack Welch's Jobs Number Conspiracy Theory
Former General Electric CEO Jack Welch floated a theory shortly after the Bureau of Labor Statistics published job numbers showing that unemployment dipped below 8%. Welch was quickly criticized.
- Welch tweeted just minutes after the numbers were announced:
- Pundits and critics were quick to pounce:
- U.S. Labor Secretary Hilda Solis gave no credence to Welch's claims.
- Welch then disappeared for the rest of the day.