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The US economy added 148,000 jobs in December, fewer than expected, according to a report Friday from the Bureau of Labor Statistics.
The US economy created 148,000 jobs in December, fewer than economists had forecast.
The retail sector lost the most jobs amid a wave of store closures.
Still, December was the 87th straight month that employers hired more people than they fired, extending the longest-ever stretch of job growth on record.
I’d say that 148k new jobs in one month is good news, regardless of who is in office. Granted, most of those new jobs are probably low-wage crap jobs, but it’s better than nothing.
The "cycle" he is referring to started in 2009, and based on the numbers, it is slowing down.
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