CEO Jack Welch Jobs Accusation- Even Scarier For America

As Barack says, a three-letter word: jobs. J-O-B-S. — Joe Biden

Former GE CEO Jack Welch accuses Obama of doctoring jobs numbers through a tweet today and the left is going berserk.

Jack Welch is only partly right because the numbers from the Bureau of Labor & Statistics are partially right but of course they left out one very HUGE detail: This spike in new jobs happens at this time every year, but this is a smaller spike than usual. Seriously, do a google search under “seasonal jobs”. In August you will find all kinds of articles talking about new jobs in the area. Forbes reports on it every year giving their holiday jobs projection and yet the left is totally celebrating a barely change in unemployment at a time when our employment is suppose to be through the roof! With that I thought, Forbes projections could be wrong so I decided to go to what’s actual.

Back in August there were all kinds of ads out advertising for seasonal jobs showing a HUGE influx of employment increase. For example the beginning of August Halloween City has over 400 stores while Spirit is starting the season this year with over 1,000 stores. These stores are only seasonal, meaning they pop up the end of summer and go away after the holiday season is over. Each Halloween City hires about 50 temporary new employees per store. On a couple calls to Spirit stores I was told numbers from 15- 40 temporary employees for each store. If Bill Clinton will join me we will do the math… 400 Halloween City stores at 50 new seasonal jobs per store equals 20,000 NEW JOBS! Spirit employs even more with a low guess being about 35,000. I was told by both stores that they are both still hiring. Using just 2 stores as an example we’ve found a large chunk (55,000) of the new jobs added last month. I’m in no way discounting that there were some genuine new jobs in September, I’m merely pointing out that the new job growth numbers are temporary and they happen this time every year…those jobs will not last long after the election and as a matter of fact if the Bureau of Labor Statistics is correct with last month’s numbers… shouldn’t we be concerned that the majority of new jobs created last month are only temporary and not genuine jobs to get people off the dole?

 

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One Response to CEO Jack Welch Jobs Accusation- Even Scarier For America

  1. Jim Washington says:

    Good explanation but I don’t think it’s quite correct. Wouldn’t those jobs you’re citing be reported by those companies in the survey of business?

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