CNBC: 114,000 Jobs Added in July, the ‘Unemployment Rate Moved Up to 4.3’

‘Of course that is the lightest level back to minus 243,000, which was December of 2020 in the pandemic-affected months’

EXCERPT:

SANTELLI: "The under wins. The under wins for the jobs, jobs, jobs report. Non-farm payrolls comes in at 114,000. 114,000. Of course, that is the lightest level going back to minus 243,000, which was December of 2020, in the pandemic-affected months, of course. Now, if you look at the unemployment rate, the unemployment rate moved up to 4.3. Moved up to 4.3. That is the warmest it’s been since October of ’21. October of ’21. And if we look at revisions, I should bring that out rather quickly. We see that last month’s non-farm moved from 206,000 down to 179,000."

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