U.S. adds 223,000 jobs in December, capping a strong year for the labor market

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The economy added 223,000 jobs in December, while the unemployment rate fell back to a half-century low of 3.5%, the Labor Department reported.

: The economy added 223,000 jobs in December, while the unemployment rate fell back to a half-century low of 3.5%, the Labor Department reported on Friday.: The labor market is still chugging along with healthy demand for workers, the latest sign that the economy is holding up despite recession fears.

Jobs growth moderated from November's gains, which were revised down to 256,000. In October, updated figures show the economy added 263,000 jobs, 21,000 fewer than initially estimated.in December or 4.6% over the past 12 months — a slightly slower pace than the 0.4% monthly rise in November . The Fed, however, is concerned that hot demand for too-few workers will cause employees to keep raising wages in a way they view as unsustainable, and stoke inflation.: The December jobs data is one of the last major labor market indicators of 2022, a solid year of job gains that brought the nation back to pre-pandemic levels of employment, and then some.

 

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Because Brandon gets shit done.

Seasonal two week jobs done by Temp Workers. Stop playing games with the American people. We see what life has become. Your propaganda doesn't change the price of fuel, food, housing, or the crime rate, homelessness, child trafficking, border invasion, child sex mutilations.

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