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Economy
'Great news for the economy': Biden gloats about U.S. adding 223,000 jobs in December - despite hiring cooling to lowest point in two years, wage growth slowing and signs of interest rates gripping labor market
2023-01-07
[Daily Mail, where America gets its news]
  • The unemployment rate dropped to 3.5 percent from 3.6 percent

  • Economists had predicted the U.S would add 200,000 jobs in December

  • The strength comes as the Fed tries to slow growth to battle inflation

  • Wage growth was lower than expected

  • The Fed raised its benchmark rate by 4.25 per cent last year
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Posted by:Skidmark

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