December jobs report: Payrolls rise by 199,000 as unemployment rate falls to 3.9%

[mahatmakanejeeves]

9. The Wall Street Journal.: "December Jobs Report Shows Record Annual Gain"

This is interesting.

Okay, DUers who love to bash The Wall Street Journal., what was the title The Wall Street Journal. chose for the article about the December jobs report? Was it "Disappointment as Employment Falls Short of Expectations"?

Nope.

It was "December Jobs Report Shows Record Annual Gain."

Hiring slowed in December to 199,000 new jobs, even as the U.S. added a record number of positions last year. The jobless rate declined to 3.9%.

Link to tweet

December Jobs Report Shows Record Annual Gain
Hiring slowed in December to 199,000 new jobs, the Labor Department said Friday, while the U.S. added a record number of positions in 2021. The jobless

ECONOMY | U.S. ECONOMY

U.S. Jobs Report Shows Record Annual Gain

Nonfarm payrolls rose 199,000 in December, jobless rate declined to 3.9%

By Sarah Chaney Cambon
https://twitter.com/sechaney
[e-mail]
Updated Jan. 7, 2022 8:37 am ET

Hiring slowed in December to 199,000 new jobs, the Labor Department said Friday, while the U.S. added a record number of positions in 2021. The jobless rate declined to 3.9%.

Friday’s jobs report captures hiring activity that occurred before the Covid-19 Omicron variant spread rapidly in late December. Though the variant has taken a toll on some businesses’ revenue, many employers are clinging to the workers they have as consumers continue to spend. Jobless claims, a proxy for layoffs, clocked in at 207,000 last week, near the lowest level in five decades.

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