"US Job Growth Surges in December, Exceeding Expectations and Buoying Markets"
TL;DR
President Joe Biden highlighted the positive aspects of the December Jobs Report, noting the creation of 2.7 million new jobs in 2023 and an unemployment rate consistently below 4%. He emphasized the reduction in inflation to pre-pandemic levels and the decrease in prices for various goods. Biden reaffirmed his commitment to lowering costs for Americans and opposing Republican policies that he believes would benefit the wealthy and threaten social programs.
Topics:businesseconomy-and-labor##bidenstatement#economy#economy-and-labor#inflation#jobsreport#unemployment
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- US economy added 2.7 million jobs in 2023, trouncing expectations Yahoo Finance
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