MSM gushes over blowout jobs report
Mainstream media pundits are stunned by a December jobs report that blew expectations out of the water.Commentators at CNN and CNBC have gushed over figures that place US job growth at 312,000 for the month – much higher than an expected 176,000, reflecting very positively on the Trump administration and its economic and regulatory policies as 2018 came to a close.
“The Labor Department just released the last jobs report of 2018, and it can be summed up in one word: ‘Wow,'” exclaimed CNN’s John Berman.CNN Chief Business Correspondent Christine Romans picked up the report from there, asserting, “I would say ‘great,’ actually. It was a great finish to the year for companies and their hiring.”Romans even praised a slight increase in the unemployment rate, offering the explanation that it could be attributed to a surge of 400,000 Americans re-entering the robust labor market.CNBC hailed a “blowout jobs report” as a driving force behind a surge on Wall Street.
https://twitter.com/RNCResearch/status/1081189568152551424?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1081189568152551424&ref_url=https%3A%2F%2Fwww.newswars.com%2Fwow-cnn-cnbc-stunned-by-great-jobs-numbers%2F
“It’s good for the economy, it’s good for the country,” said CNBC editor Rick Santelli. “Certain things are excellent – the labor force participation rate moving up two-tenths is phenomenal. We are bringing back people that we didn’t count; we didn’t think they were going to come back into the work force.”“The wages are stellar,” Santelli continued. “I hearken back a year ago to when many investors were saying, ‘Oh my god, interest rates are going up, this is horrible.’ Rates went up, the economy went up, stocks went up.”
https://twitter.com/realDonaldTrump/status/1081198344645554176?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1081198344645554176&ref_url=https%3A%2F%2Fwww.newswars.com%2Fwow-cnn-cnbc-stunned-by-great-jobs-numbers%2F
“GREAT JOBS NUMBERS JUST ANNOUNCED!” tweeted President Trump on Friday morning.Top sectors adding jobs included health care (50,000+), construction (38,000+), and manufacturing (32,000+).
https://www.newswars.com/wow-cnn-cnbc-stunned-by-great-jobs-numbers/
