Squawk on the Street

Pence on Jobs Report: ‘This Recovery Begins Today’

Friday, Vice President Mike Pence reacted to the month of May’s jobs report showing the unemployment rate fell to 13.3% and 2.5 million workers finding employment as restrictions put in place due to the coronavirus pandemic are loosened. The numbers are an improvement from the previous month’s record-high 14.7% unemployment rate.

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Kudlow: Job Growth May Not Have Peaked Yet

During Friday’s “Squawk on the Street” on CNBC, National Economic Council Director Larry Kudlow discussed the November jobs report, saying it may not have “peaked” just yet. “I don’t know if it’s peaked,” Kudlow stated. “I mean, we’re running on, what,

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