Bessent Shrugs Off Ugly Employment Numbers: 'We Don't Need to Produce as Many Jobs' as Before

The American economy lost 23,000 jobs last month, according to federal data, but US Treasury Secretary Scott Bessent doesn't see much cause for concern. During a Thursday interview on CNBC, Bessent was asked about whether the most recent jobs report was a sign of the US labor market "cracking," and he replied that the data at the moment are "quite noisy." Bessent then asserted that, thanks to…