CNBC’s Santelli: 175,000 Jobs Were Added to the US Economy in April, ‘Much Less than Expected’

‘We’re looking for a number much closer to 250,000’

EXCERPT:

SANTELLI: "And April non-farm payrolls expanded much less than expected, 175,000. We’re looking for a number much closer to 250,000. And at least up to this point, in the rear-view mirror, 303,000, there are revisions, minus 22,000 for two-month span. Now, if you look at manufacturing, it went from zero to 8,000, so there is some improvement. By the way, that 303,000 last month went up 315,000, which means last month’s 315,000 was the best since January of ’23. Then we go to 175,000, which actually is the weakest since October, October of last year."

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