Reasons to Doubt the Optimism: Analyzing December’s Jobs Report
OAN’s Alicia Summers
1:35 PM – Friday, January 5, 2024
The Monthly Jobs Report Exceeds Expectations
The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000. Government jobs played a significant role in this growth. However, the Labor Department highlights a rise in the number of people actively seeking jobs, reaching 5.7 million in December, marking an increase of 514,000 over the year.
The unemployment rate remains unchanged at 3.7%. This report follows the Federal Reserve’s decision not to raise interest rates at its latest meeting. David Stryzewski, CEO of Sound Planning Group, took a deeper look and explains why he considers this to be an awful report. One America’s Alicia Summers has more.
December Jobs Report Highlights Strong Growth
It has been 90 days since the 10/7 massacre, rape, and kidnapping of women and children in Israel, with hostages still being held in Gaza.
The family of former congresswoman Eddie Bernice Johnson looks to sue the rehab facility the 89-year-old was recovering in for negligence in her post op care.
Just like the Colorado Case, Trump’s attorneys are appealing the bogus decision by Maine Secretary of State Shenna Bellows that would bar him from the state’s primary ballot.
SpaceX sued a U.S. labor board to block its case accusing the company of illegally firing employees calling CEO Elon Musk “a distraction and embarrassment.”
ChatGPT was well on its way to becoming a household name even before 2023 kicked off.
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Bitcoin galloped past $45,000 for the first time since April 2022, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds.
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