It's Jim Kramer here. You're listening to the opening bell of CNBC Squawk on the Street.

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Good Friday morning. Welcome to Squawk of the Street. I'm Carl Kintanio with Jim Kramer. David

Faber, the New York Stock Exchange. Strong jobs number, not only for October at 128, but revisions up as well.

Dow futures bounce more than

100. We'll wait to see if ISM in an hour can also rebound. Europe is green in the meantime,

10-year yield just north of 1-7. Our roadmap begins with that big beat for jobs. Stock futures jump

as October gains far surpass expectations. Investors now eye another key read on manufacturing in the next hour.

Plus streaming wars, Apple launching its TV Plus platform today. It's the latest volley in the

original content battle between media and tech giants. And Pinterest plummeting pre-market.

Company stock now losing nearly a third of its value since peaking in August.

And the growth strategy for Starbucks. CEO Kevin Johnson will join us first on CNBC this hour.

Let's get to the jobs number. October payrolls well above expectations at 128K, despite the GM strike,

September and August, each with their own sharply upward revision. Unemployment goes

down, goes up to 3-6, wage growth 3% from a year ago. Jim, hard to find things to quibble

about this month. Look, I'm going to come back and say that you're going to have the beginning

of cracks in manufacturing. I think there's still two economies. The two-thirds of the economy

that is consumer is doing very well. The other third is not doing it. And we can, I don't

know how long we can go with only two-thirds, I think, pretty long. But when you, if, if they

shut down the Boeing 37-37 max, you're going to see very different numbers.

And I just think that these numbers don't have that yet.

There are some places that are cutting back production.

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