January 6, 2023

The jobs report is out, and it's great news. One analyst on CNBC referred to it as a "perfect report." The stock market shows increases after the report was released. Unemployment is now down to a staggering 3.5%.

Via CNN Business:

The US economy added 223,000 jobs in December, according to the monthly employment report from the Bureau of Labor Statistics, capping a year of extraordinary job growth and marking the second-best year for the labor market in records that go back to 1939.

The unemployment rate fell to 3.5% from a revised 3.6% in November.

Economists were expecting 200,000 job gains for the last month of the year, according to Refinitiv. December’s job total is lower than the downwardly revised 256,000 jobs added in November.

Even Fox News praised the report:

This is incredible:

Trump supporters will hate this good news. That's a shame. We have a healthy economy and one that can fight off inflation. It would help if we had a little help from Republicans on bettering this country, but they're busily slap-fighting each other in Congress.

Can you help us out?

For nearly 20 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.