Transcripts for CNN At This Hour With Kate Bolduan 20211203

CNN At This Hour With Kate Bolduan December 3, 2021 16:12:00

was going on here with these revisions? what what story does this tell? >> i think it tells a story of the way we look at the labor force being kind of outdated. this is something i talked to the white house about, the labor department. folks in washington are working very hard to come up with new and better metrics of how we measure who's working. think of all the shifts we've gone through. i'm talking to you from my own office on a broadband connection. lots of people are working in different ways. we don't always measure those things correctly. i think that's why when you're given more time, you see those revisions upwards. there's an entirely new ecosystem of work right now, and we don't understand it as well as we should. >> and we don't understand what omicron means in all of this. when do you think, when we're talking about the economy, if and how much -- i think a healthy dose of "if" omicron variant impacts the economy?

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