In response to:

"Unbelievable Numbers" Says Former GE CEO Jack Welch

petroleum engineer Wrote: Oct 07, 2012 12:46 PM
I agree that most of those with the problem are college degrees outside business, science and engineering. However, many with a science background are being laid off by technical companies. One son was cut at NASA along with a thousnd others three years ago - age is against him at 55 years. I agree that Universities are turning out liberal art grads that are untrained for most jobs. These kids wasted their money on unemployable degrees.

Political charges flew on Friday following the unexpected drop in unemployment rate by three-tenths of a percent.

Former GE CEO Jack Welch led the way with a Tweet "Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers".

In two of the last three months the unemployment rate fell solely because of people dropping out of the labor force. This past month, people came back in the labor force but part-time hiring and government hiring...

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