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CNBC's Santelli: Extra Government Benefits to Blame for Disappointing Jobs Numbers

4 Jun 2021 CNBC editor Rick Santelli reacted Friday to the weaker than expected jobs and unemployment numbers for the month of May. In May, the U.S. economy added 559,000 jobs and the unemployment rate dropped to 5.8%, which are both below the median forecast of 650,000 jobs and an unemployment rate of 5.9%. Santelli argued on “Squawk Box” that the extra government benefits provided by President Joe Biden and his administration as the country comes out of the coronavirus pandemic are keep...
San Francisco United States Rick Santelli Joe Biden Manpower Group President Joe Biden

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