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Economy: Unemployment #1032458

NBC Evening News for Friday, Oct 05, 2012
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(Studio: Brian Williams) Statistics on jobs created and unemployment cited.

(Washington: Andrea Mitchell) The political fight over news that the unemployment rate fell below 8 percent for the first time since President Obama took office reviewed; Tweet from former GE chairman Jack Welch† accusing the “Chicago guys” of changing the numbers quoted. [OBAMA – says it shouldn’t be an excuse for the other side to talk down the economy.] [Presidential candidate Mitt ROMNEY – criticizes the jobs numbers.] [Mesirow Financial Diane SWONK†- says we take the numbers with a grain of salt.] [WELCH – says it seems coincidental that one month before the election they would end up at 7.8.] [Secretary of Labor Hilda SOLIS†- reacts to Welch.] [Economist Douglas HOLTZ-EAKIN††- says there is no way these were manipulated for political purposes.] Romney’s effort to repair the damage from his comment about the 47 percent who don’t pay taxes noted. [On Fox News, ROMNEY – says he said something completely wrong.]

(Studio: Brian Williams, Sue Herera) Stock Market Report. The significance of the jobs report, the possibility of manipulation and how the numbers are generated discussed.

Reporter(s):
Williams, Brian;
Mitchell, Andrea;
Sue, Brian Williams,
Duration:
00:05:30

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