Steep drop in unemployment rate spawns conspiracy

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In 1971, President Nixon took aim at it after a top official, Howard Goldstein, publicly attributed a steep drop in unemployment to largely technical factors. The administration reorganized the agency and installed several officials in newly created positions. That led to charges from Democrats that the GOP administration was politicizing the bureau.

Welch said later in the day in a Fox News interview: “I don’t know what the right number is, but I’ll tell you, these numbers don’t smell right when you think about where the economy is right now.”

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