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.
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
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
This is not the forum for your scam BS.
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!!!
Fire their asses!
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.
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.
The economic Schmuck in Chief strikes again!
This senile dotard doesn’t know what day it is let alone be able to run the country. He and his America hating administration are complete treasonous failures.
He does not even know what year it is, and has no idea what “Let’s Go Brandon” really means.
F Joe Biden
My comment was just deleted because someone flagged it. There was no cursing or slandering. I merely told the truth. Why?
Failure breeds failure. Joe Biden has been a crooked incompetent, senator, Vice President and now President. This is only the tip of the iceberg. If the Biden administration is allowed to continue along this path, the United States may be damaged beyond repair. JOE GOTTA GO!
no shit…ow unexpected… REALLY
The U6 data, which is the true measurement of unemployment in the US is still high. It is especially high for non high school, GED holders who are black. A number that Trump had reduced greatly during his term in office.
Although Biden’s Economy Response is Disappointing Biden isn’t. He is exactly what anyone with at least one active brain cell knew he woudl be. Biden was useless as a Senator and even more so as president. No One believes that he is running this country, he can’t even remember where the hell he is most of the time. He and the rest of his Socialist Regime are making this country the laughing stock of the world. Does anyone think that Russia, China, North Korea and Iran give a damn what he has to say? To say that Biden is the most Pathetic President in History woudl be paying him a great complement.
Been doing so since printing unemployment checks & supply chain & energy issues day 1