The Market Now

Daily Archives: December 7, 2012

Jack Welch, speaks with Betty Liu from Bloomberg Television.

Photographer: Peter Foley/Bloomberg

Jack Welch, speaks with Betty Liu from Bloomberg Television.

Why 7.7% Is No Reason to Celebrate

When the unemployment rate dipped below 8 percent in October, skeptics like former General Electric Co. chief executive Jack Welch alleged that the books must have been cooked. The less conspiracy-minded asked if it was a statistical aberration. Today’s unemployment...

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