MSNBC admitted that the December jobs report was dismal Friday.
CNBC’s Michelle Caruso-Cabrera announced the newly released report number. Only 74,000 jobs were created in December, a number that fell significantly short of the 200,000 anticipated created jobs.
Morning Joe host Joe Scarborough commented “That’s a horrific number” and said that the newly added jobs number is the lowest seen in years.
Caruso-Cabrera confirmed Scarborough’s statement, saying that the newly added jobs number is in fact the lowest since January of 2011 and the number was “very, very bad.”