Analysts on CNBC’s Squawk Box assessed September’s abysmal jobs report on Friday, calling the net gain of 235,000 jobs — a third of the anticipated 720,000 — “terrible news” for the economy. “The market not selling off a ton of this, but this is terrible news for what it means for the real economy,” host Becky Quick noted. “You can drive a truck of about half a million workers through that gap,” Steve Liesman replied. He said education had represented a “big miss” for forecasters who expected a “huge influx of workers.”
Categories: Business and Economy, Joe Biden