“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.

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:

The post “Another Big Miss Here” – Hiring Falters in December – CNBC Shocked by Worst Jobs Report of 2021 (VIDEO) appeared first on The Gateway Pundit.

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