Biden touts low unemployment rate after US adds fewer jobs in December than expected
1/8/22
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from CNN,
1/7/22:
President Joe Biden on Friday touted the unemployment rate dropping to a new pandemic low in December and credited his economic agenda with getting America “back on its feet,” even as Friday’s job report showed the US economy added fewer jobs than expected last month.
The US economy added 199,000 jobs in December, the Labor Department said Friday, which was the fewest jobs added in any month of 2021. But the unemployment rate, which is calculated from a different survey, fell to a new pandemic-era low of 3.9%.
“I think it’s a historic day for our economic recovery,” Biden said at the White House.
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