Labor Dept: 199K New Jobs In December, 3.9% Jobless

January 7, 2022 Economy, Employment

Employers added a lackluster 199,000 jobs last month — significantly lower than economists’ expectations — and the unemployment rate fell to 3.9%, the Department of Labor said Friday. Hiring in December was even less than the revised figure for the previous month, when 249,000 jobs were added to the economy in November. The stalled job growth comes as new coronavirus variants continue to sow uncertainty and threaten the post-pandemic economic recovery.

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JUST IN: Employers added a lackluster 199,000 jobs last month—significantly lower than economists’ expectations—and the unemployment rate fell to 3.9%, the Department of Labor says. https://t.co/Wh2kjVOJZ3

— ABC News (@ABC) January 7, 2022

Media creates its own expectations for economic #s not grounded in reality so when the jobs #s come in they are of course below what media has projected. HERE's the reality: Dec 2020 under Trump unemployment was 6.7%. Today under Biden it's 3.9%. That's called the #BidenBoom

— (((DeanObeidallah))) (@DeanObeidallah) January 7, 2022