Why Friday Jobs Report Looks Bad.

CNBC reports:

The December jobs report is not necessarily indicative of a strong economy in the U.S., Art Cashin of UBS said Friday.

"Not to be a wet blanket, but that jobs number is a little suspect. If you look at the household survey: 485,000 [and] 35 percent of those went to people under the age of 19. Another chunk went to people over 55; only 16,000 out of 485,000 jobs went to people between the ages of 24 and 55," Cashin told CNBC's "Squawk Alley."

"That sounds like a lot of part-time hiring to me," he said.

Imagine that.