Stocks slide after better-than-expected November jobs report -

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Stocks slid today after a better-than-expected November jobs report revealed that the Fed's efforts to curb inflation haven't been as effective as hoped. More info:

SAN DIEGO – Stocks slid Friday, Dec. 2 after a better-than-expected November jobs report defied expectations.

The Federal Reserve’s efforts to rein in inflation by raising interest rates seems to have failed as hiring continued at a robust rate.KUSI’s Hunter Sowards was joined by AM Radio KOGO Host Mark Larson to discuss the economy and how the U.S. will handle the impending recession.

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 /  🏆 241. in ZA
 

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The current administration created the high inflation, they are not planning to undo what they did.

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