"Wow! That is truly incredible! We're looking at levels truly that we probably haven't seen since the late '60s! This is very, very incredible!"
"Thanks to President Trump, jobless claims come in MUCH lower than expected. CNBC: 189K! That is truly incredible!"
"Income numbers had doubled expectations and the latest spending data was described as pretty robust."
"The GDP going up 2% fell short of the expected 2.3%."
Initial jobless claims reached 189,000, marking the lowest level since 1969. CNBC analyst Rick Santelli expressed excitement over this statistic during a live report. He highlighted that income numbers had exceeded expectations and described the latest spending data as robust. However, he noted that GDP growth of 2% was below the anticipated 2.3%. The White House and RNC quickly shared Santelli's positive reaction, attributing the low jobless claims to President Trump's policies.
Read at www.mediaite.com
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