Hiring slowed more than expected in December, a sluggish end to what was one of the weakest years of job growth in decades, a dynamic that further amplified America’s affordability crisis.
The US economy added an estimated 50,000 jobs last month, slowing from a downwardly revised 56,000 jobs added in November, according to Bureau of Labor Statistics data released Friday.
Still, the unemployment rate edged lower to 4.4% from a revised 4.5% in November.
Economists were expecting a net gain of 55,000 jobs in December and an unemployment rate of 4.5%, according to FactSet consensus estimates.
Funny how GOP presidents are always bad for the economy, and in obvious ways. This one’s just even more extreme, and so of course it’s worse.
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