CNBC’s long-running “jobs Friday” fetish is getting downright appalling. Each month the BLS puts out a treasure trove of data on the rich and complex mosaic of the US labor market - a download that embodies a truly frightening trend of economic failure.
Yet the clowns who assemble in its screen boxes to opine on Hampton Pearson’s 30-second summary of the BLS release never have a clue. In their allotted 15 seconds of fame, they merely bloviate about the single dumbed-down numbee - the establishment survey jobs print - that is the sum and substance of the coverage.
Trained seals would be just as effective: ort! ort! ort!
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