Watch: CNBC Analyst So Shocked by Bad Biden Jobs Report, He Double Checks Numbers on Air
April’s disappointing jobs report left many people shocked, but none more than those waiting to analyze it live on the air Friday morning on CNBC. CNBC had reported employment forecasters expected to see one million new…

April’s disappointing jobs report left many people shocked, but none more than those waiting to analyze it live on the air Friday morning on CNBC.
CNBC had reported employment forecasters expected to see one million new jobs created in the month of April. At the same time, the unemployment rate was expected to drop to 5.8 percent.
Instead, only 266,000 jobs were created in the month of April while the unemployment rate rose to 6.1 percent.
The numbers shocked forecasters and are being blamed by some on the federal government’s $300 per week supplemental income for the unemployed. Those extra dollars, every week, are blamed for creating an incentive for millions of people to continue to voluntarily sit out of the workforce.
But before any of that could be debated on Friday, the much-anticipated jobs report needed to be released.
When that report came across the desk of Steve Liesman of CNBC’s “Squawk Box,” he couldn’t believe them. Liesman actually had to double-check the numbers.
“Uh, wow, it just came across — give me a second here,” Liesman said as he looked down upon the report. “Uh, we have the number here, just came across … Ahhh.”
“Sorry about that, it came across very quickly here,” the financial analyst added, appearing frustrated by what he was seeing. “It looks 266,000. It looks like it was a big disappointment at 266. But maybe I have that wrong. Let me double-check the bureau website, here … uh, one second.”



