Finance
“Another Big Miss Here” – Hiring Falters in December – CNBC Shocked by Worst Jobs Report of 2021 (VIDEO)
This is Joe Biden’s America.
The US economy added only 199,000 (nonfarm) jobs in December — well below the 422,000 estimate.
This is the worst jobs report of 2021.
This abysmal jobs report comes just one week after it was revealed a record number of Americans ‘quit’ their jobs in November (or were forced out due to vax mandates).
Paris Dennard pointed out black unemployment continues to skyrocket under Biden-Harris.
The Dec. #JobsReport report is the worst report of 2021, reinforcing the continued negative economic impact Biden-Harris Admin policies have on Black Americans, especially Black women.
⬆️Overall Black Unemployment INCREASED to 7.1%
⬆️Black Female Unemployment INCREASED to 6.2%
— PARIS (@PARISDENNARD) January 7, 2022
CNBC reported:
The U.S. economy added far fewer jobs than expected in December just as the nation was grappling with a massive surge in Covid cases, the Labor Department said Friday.
Nonfarm payrolls grew by 199,000, while the unemployment rate fell to 3.9%, according to Bureau of Labor Statistics data. That compared with the Dow Jones estimate of 422,000 for the payrolls number and 4.1% for the unemployment rate.
Job creation was highest in leisure and hospitality, a key recovery sector, which added 53,000. Professional and business services contributed 43,000, while manufacturing added 26,000.
The unemployment rate was a fresh pandemic-era low and near the 50-year low of 3.5% in February 2020. That decline came even though the labor force participation rate was unchanged at 61.9% amid an ongoing labor shortage in the U.S.
CNBC was shocked by “another big miss” in December.
VIDEO:
CNBC’s Jim Cramer tried his hardest to spin this abysmal report in a positive light.
VIDEO:
-
China vs US5 years agoDr. Leana Wen – Medical CNN Propagandist – Has A History With the CCP & Eugenics Programs
-
Politics4 years agoBiden Economic Advisor Brian Deese: The Only Viable Path to Energy Independence is to Reduce Fossil Fuel Use to “Zero” (VIDEO)
-
Coronavirus5 years agoLaboratories in US can’t find Covid-19 in one of 1,500 positive tests
-
Coronavirus5 years agoFormer Pfizer VP: ‘Your government is lying to you in a way that could lead to your death’
-
Coronavirus5 years agoCDC Finally Withdraws Criminally Fraudulent COVID-19 PCR Test
-
Coronavirus4 years agoCourt Orders FDA To Comply With FOIA and Release Information On Pfizer Vaccine – First Batch of Documents Shows Over 1,200 Vaccine Deaths WITHIN FIRST 90 DAYS
-
Bombshell Interview4 years agoThe Covid Vaccine Gives You Aids – Dr. Ariana Love
-
Banned Videos5 years agoFormer Pfizer VP & CSO Dr. Michael Yeadon Blows the Whistle on the Covid 19 Vaccine: “The elites aren’t taking this vaccine”
-
Orwellian Nightmare5 years agoImmunologists Say the MRNA Vaccine is a ‘Big Mistake’ as New Data Show Accumulation in Reproductive Organs
-
Corruption5 years agoBiden Administration Urges Supreme Court to Uphold Warrantless Gun Confiscations
-
NWO Documents4 years agoDark Winter
-
Election Theft5 years agoJudge Orders Election Do-Over after 78% of Mail-in Ballots Proved Fraudulent — Notary Arrested
You must be logged in to post a comment Login