Biden Praises Economy's Strong Performance

This is a news story, published by PBS, that relates primarily to the Labor Department news.

unemployment news

For more unemployment news, you can click here:

more unemployment news

PBS news

For more news from PBS, you can click here:

more news from PBS

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about

recession

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Federal Reserve news, unemployment decline news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

job market

PBS

•

WATCH: Biden says he's leaving economy 'stronger than ever' for Americans as his term nears end

Summary

Nutrition label

74% Informative

Employers added 256,000 jobs last month , up from 212,000 in November , the Labor Department reported.

The final jobs report of 2024 underscores that the economy and hiring were able to grow at a solid pace even with interest rates much higher than they were before the pandemic.

The Federal Reserve could be much less likely to cut borrowing costs again in the coming months .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech