Surprise jobs data gives boost to Biden ...Middle East

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Surprise jobs data gives boost to Biden
source : The Hill ( Middle East ) () 15
A surprisingly strong December jobs gain is good news for President Biden as the prospect of the long-sought after “soft landing” comes into greater focus at the start of an election year. Payrolls came in hot in December with 216,000 new jobs added to the economy and the unemployment rate remaining low at 3.7 percent, according to the Labor Deparment. US added 216,000 jobs in December, blowing past expectations The December jobs report was another upside surprise for a labor market that defied economists’ expectations throughout 2023. But the promising state of the economy is hardly a lock in voters’ minds for the president. Despite ample salesmanship, Biden's economi

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