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CNBC's Cramer Questions June Jobs Report Showing 57K Added Jobs, 4.2% Unemployment

GateNews
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According to CNBC's Jim Cramer, the June employment report presents a confusing contradiction: U.S. nonfarm payrolls added only 57,000 jobs—half the market expectation—yet the unemployment rate fell to 4.2%, a one-year low. Cramer stated, "I don't know how to believe these numbers," citing a disconnect between weak official job growth and the massive private investment wave underway. Meta has raised 2026 capital expenditure guidance to $125–145 billion, while Nvidia holds $119 billion in supply commitments; ExxonMobil production is at record levels, and e-commerce logistics demand soars. Yet official employment figures for construction, manufacturing, and energy sectors show minimal gains, creating what analysts call a "giant disconnect" between on-the-ground investment and job creation.
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In-Depth Analysis

Gold Prices Jump Above $4,100 as U.S. Jobs Data Misses Forecasts

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US Jobs Report Misses Forecast With 57,000 Positions Added in June

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