Although unemployment fell to its lowest level in nearly two years, the US added 199,000 jobs back in December, worse than expected – prompting Omicron to add back jobs lost during the pandemic amid the growing threat of the coronavirus. The labor market is still struggling. Type.
According to the data, December’s new job gains were significantly lower than the nearly 422,000 new jobs expected by economists released Driven by the labor department on Friday, a monthly decline of 12,000 government jobs compared to a gain of 211,000 jobs in the private sector.
Despite the worse-than-expected report, the unemployment rate stood at 3.9%, up from 4.2% in November—the lowest level in more than a year—but still well above pre-pandemic levels of about 3.5%. Is.
The government said the number of unemployed people in the United States fell from 483,000 to 6.3 million, much better than the pandemic’s high around April 2020, but up from 5 million in February 2020.