The federal government issued another abysmal jobs report Friday morning, announcing that fewer than 200,000 jobs were added in September despite millions of job openings.
Dow Jones economists had expected to see around 500,000 jobs added, CNBC reported.
According to the Labor Department, forecasters missed the mark as non-farm payrolls increased by only 194,000.
CNBC reported the anemic numbers live on air, and the network’s analysts were not impressed:
CNBC panel shocked by terrible September jobs report: “Woah,” “That is real low.”
Biden is failing! pic.twitter.com/hzmudK4nWg
— RNC Research (@RNCResearch) October 8, 2021
CNBC’s Steve Liesman on the September jobs report: “Declines