Carl Quintanilla, Jim Cramer and David Faber led off the show with the big news of the morning: The much-anticipated employment report shows 194,000 non-farm jobs were created in September, well below the 500,000 that economists
had been expecting. The unemployment rate fell to 4.8%, but the labor participation rate also declined amid concerns about the COVID-19 Delta variant outbreak. The anchors explored what it all means for investors and the Fed, and whether
it means Fed Chair Powell and his fellow policymakers should push back their timeline for tapering. Commerce Secretary Gina Raimondo appeared on the program to discuss the Biden Administration's reaction to the jobs data. She also weighed
in on COVID vaccine mandates and the supply chain challenges facing the nation's businesses. The anchors also discussed Tesla's decision to move its headquarters from California and Texas, plus what Elon Musk told investors about Tesla's manufacturing expansion plans and how the electric vehicle maker is navigating the global chip shortage. As movie theaters gear up for the debut of the new James Bond film "No Time to Die," AMC Theatres Chairman & CEO Adam Aron had a message for his critics in a Thursday night tweet: "It feels more like AMC is playing 3-dimensional chess. To the naysayers, I say it loud: #ChokeOnThat." The anchors discussed the road ahead for AMC -- one of the earliest "meme stocks." China also in focus: A strong week for shares of Alibaba -- and Morgan Stanley's Katy Huberty out with a note assessing Apple's supply chain and what it could mean for the new iPhone 13. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street