FBN’s Casone: February and March Job Revisions Are ‘Stunning,’ 149K Jobs ‘Disappeared’

‘We went from 326 to 248K in February, 236 down to 165 in March’

TRANSCRIPT:

CASONE: "I went through and looked at the revisions, they are stunning. He said it, I want to say it again here. There's 149,000 jobs that disappeared between February and March. Those revisions, and Charles is right, that's why the market is jumping. It's not on this print, it's on the revisions for February and March. We went from 326 to 248K in February, 236 down to 165 in March."

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