'Wow': CNBC Hosts Shocked by September's Jobs Report


CNBC hosts reacted to the “real low” September’s jobs report, saying it was “definitely a weaker number than expected.”

Looking at the jobs report, Steve Liesman replied, “Wow.”

He added, “194,” referring to the 194,000 jobs added last month.

Becky Quick responded, “Whoa!”

Liesman continued, “I see 194,000? That is real low.”

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Commenting on the jobless rate, Liesman explained, “Wow, big decline, 4.8 percent, 5.1 was expected. Let me … see if I can find where the jobs were, and I think in this case, where the jobs weren’t.”

He suggested “it was definitely a weaker number than expected,” adding, “Nothing really going on in leisure and hospitality. Declines in nursing. Where else do we have any declines? Not really any big declines here, just not, Becky, the numbers that you need to put people back to work right now. September now coming in weaker than August … and I think that’s the big story here.”

CNBC noted the Dow Jones estimated 500,000 jobs would be added to the economy in September. Additionally, the outlet pointed out the survey came as the number of COVID-19 cases peaked in the United States.

Several Republican lawmakers took to Twitter to comment on the jobs report and take a swipe at the Biden administration.

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House Speaker Nancy Pelosi (D-Calif.) issued a statement responding to the report, saying it is “additional proof of the need for Democrats’ jobs-creating Build Back Better agenda.”

She continued, “While historic progress to create jobs, lower unemployment and defeat the pandemic has been forged under President Biden and Congressional Democrats, more must be done to protect families’ financial security now and for generations to come.”

Pelosi argued, “Build Back Better will be transformative for America’s workers and middle class.  We must Build Back Better for jobs: jobs in health care by strengthening the ACA, delivering the Medicaid expansion to those in need and improving Medicare benefits; jobs in family health with the Biden Child Tax Credit, child care, universal pre-school, home health care, family and medical leave, and more; and jobs in climate by creating the clean energy economy of the future.”

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