Could The Jobs Numbers Be 'Cooked'?

September jobs report
September jobs report

After months of tepid jobs reports, the Labor Department reported Friday that nation's unemployment fell to a level not seen since before President Obama took office in January 2009, 7.8 percent.

That was good news for job hunters and workers -- and of course, President Obama. So immediately the conspiracy theories started flying, with none other than Jack Welch, esteemed former chairman and CEO of General Electric Co., claiming that the Obama administration "cooked" the numbers in advance of November's election to aid in his reelection. Shortly after the jobs report was released Friday, Welch tweeted: