Stocks CNBC 86d ago

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

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Why This Matters

Commerce Secretary Howard Lutnick attributes the recent bad jobs report to the government shutdown and deportations, contradicting experts who warn that tariffs could negatively impact domestic employment.

Market Impact

Market impact analysis based on neutral sentiment with 72% confidence.

Sentiment
Neutral
AI Confidence
72%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Commerce Secretary Howard Lutnick's defense of President Donald Trump's tariffs came as experts warn that the trade policies could hurt domestic head count.

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Original article published by CNBC on December 3, 2025.
Analysis and insights provided by AnalystMarkets AI.