Photo by Gage Skidmore

The Biden economy has underperformed expectations once again, adding only 199,000 jobs in December 2021, less than half of what experts had been expecting.

As The Hill reports:

The U.S. added 199,000 jobs in December as the omicron variant of COVID-19 began to spread through the country, according to data released Friday by the Labor Department. 

While the unemployment rate fell to 3.9 percent in December from 4.2 percent in November, last month’s job gain fell far short of projections. Economists expected the U.S. to have added roughly 420,000 jobs last month after several weeks of low unemployment claims and signs of strength from private sector payrolls. 

Despite the lackluster December job gain, the report showed signs of growing competition for sorely needed workers as employers struggle to keep up with the recovering economy. The jobless rate dropped to its lowest level since March 2019 as the labor force participation held firm, and average hourly earnings were up 4.6 percent on the year last month. 

The December jobs report likely reflects little of omicron’s full impact on the economy. The two surveys conducted by the Labor Department to compile the employment figures occurred the week of Dec. 12, well before cases began spiking in major U.S. cities. 

In addition, several industries that have been devastated by the pandemic continued to show little or no job growth in December.

 


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Bug D
Bug D
5 months ago

This azz clown is so delusional he is on tv right now spinning his words how he is the greatest president that ever lived. It’s disgraceful

Tilly Barry
Tilly Barry
5 months ago
Reply to  Bug D

I have been doing this job for like a few weeks and KJH my last weekly payment was exactly
𝙁𝙞𝙣𝙙 𝙤𝙪𝙩 𝙝𝙤𝙬 𝙃𝙀𝙍𝙀….__𝐆𝐨𝐨𝐠𝐥𝐞𝐩𝐚𝐲𝐬𝟎𝟏.𝐓𝐤

Mark
Mark
5 months ago
Reply to  Tilly Barry

This is not the forum for your scam BS.

karen turner
karen turner
5 months ago
Reply to  Bug D

biden is beyond senile..delusional.A DICTATOR. and A NATIONAL SECURITY RISK..if we do not hurry up and get this imposter removed, we will no longer have a country..besides him destroying it faster than a speeding bullet, we now have 3 countries threatening us with war!!!

Armand Daniel Ciabattari
Armand Daniel Ciabattari
5 months ago

Fire their asses!

Pawn
Pawn
5 months ago

no hang their asses… why is everyone so ready to allow corruption and obvious attempts at tearing America up. Thes people are NOT upholding their oaths oof office. I mean these oaths might as well be written on toilet aper. They don’t uphold the consitution/bill of rights and surely are not for the people but for control and when they get taht control they desire I suggest you look to history for the outcome.

Jim
Jim
5 months ago
Reply to  Pawn

these oaths might as well be written on toilet (p)aper. I disagree. Toilet paper performs a necessary (though not particularly elegant) function. Comparing this administration, in any way, to toilet paper is degrading toilet paper.

larry
larry
5 months ago

The economic Schmuck in Chief strikes again!