‘I’ve Never Seen Anything Like This!’ CNBC Absolutely Loses It Over Blockbuster Jobs Report

Multiples of what we were expecting!’

This story is cross-posted at our consumer site, Grabien News. Watch it there – without audiomarks.

(Via CNBC)

CNBC anchors gushed over a January jobs report that showed nearly half a million jobs created in January, and more than that including revisions, which far exceeded expectations.

On Friday morning, the Bureau of Labor Statistics released its Employment Situation Summary, which has been the subject of suspense because it measured employment at the height of the omicron surge.

In fact, White House Press Secretary Jen Psaki tried to set expectations at a press briefing last week by saying that “the month’s jobs report may show job losses in large part because workers were out sick from Omicron at the point when it was peaking during the period when — the week where the data was taken.”

Video files
Full
Compact
Audio files
Full
Compact