December Job Growth Exceeds Expectations
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jobless rateCBS News
•Employers added 256,000 jobs in December, blowing away forecasts
84% Informative
The economy was expected to add 153,000 jobs last month , according to economists polled.
The unemployment rate was forecast to remain steady at 4.2% The Jan. 10 jobs report marks the last monthly employment snapshot of the Biden administration.
The jobless rate stood at 6.4% when Biden was inaugurated in January 2021 , while inflation was about to soar to 40-year highs.
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91
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