Cooking the Unemployment Numbers

Jack Welch, the retired CEO of GE, and CNBC are jumping on the just released unemployment numbers because they're smelling something not quite right. To start with, it's the biggest drop in unemployment in 29 years. Why this is tough to swallow is because:

"What this .03% drop means (per Ed Morrissey) is that the number of unemployed people dropped by 456,000 when only 114k jobs were created--well below the monthly average, and below population growth. Where did 342k people go to lower the number so dramatically just 31 days before a presidential election? Did they retire, leave the planet, die of old age in the unemployment office?"

Good point. I'm sure this Administration, though, would not play craven political games with the election 30 days away. Surely not.

www.breitbart.com/Big-Government/2012/10/05/Fuzz-Math-CNBC-questions-unemployment-drop