Four experts make sense of the disappointing April jobs report

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

  • Growing concern over how much alcohol Americans are consuming during the pandemic
  • Billionaire space race pits Bezos against Branson
  • Cramer’s lightning round: Buy Spotify at these levels
  • CNBC Television published this video item, entitled “Four experts make sense of the disappointing April jobs report” – below is their description.

    Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1%. Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%. Nela Richardson, chief economist at ADP, Kate Moore, head of thematic strategy at BlackRock’s Global Allocation Investment team, Jason Furman, professor at Harvard’s Kennedy School and former CEA chairman and Saira Malik, chief investment officer for Nuveen’s $420 billion equity division, joined “Squawk Box” on Friday to discuss what could have led to the disappointing results.

    CNBC Television YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: BlackRock

    BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

    3 Recent Items: BlackRock

  • ‘Bloomberg Real Yield ‘ (06/11/2021)
  • BlackRock’s Russ Koesterich on inflation lasting several quarters
  • The Fed tapering is not scary, says BlackRock’s Rick Rieder
  • Leave a Comment