Another day, another epic Biden failure. The first jobs report of 2022 yielded less than half the jobs that were expected. Only 199,000 jobs were added, versus an estimate of 422,000 that were supposed to be added in December. This yet again shows the epic failure that is Joe Biden and his policies.
Employers added a lackluster 199,000 jobs last month — less than half of economists’ expectations — and the unemployment rate fell to 3.9%, the Department of Labor said Friday.
“Today’s jobs report is a disappointing bookend to a historic year in the job market,” Daniel Zhao, senior economist at Glassdoor, said in a commentary. “The year ended on a sour note, with job gains slowing even more than in November. New and unpredictable waves of COVID-19 variants threaten to throw the recovery into reverse, showing that we’re still at the mercy of the pandemic.”