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MONTHLY JOBS REPORT UNDERWHELMS
MONTHLY JOBS REPORT UNDERWHELMSRecently the Labor Department reported that the U.S. economy added just 210,000 jobs in November. Economists had predicted 573,000. Close to 1/3 of expected job gains. This was the worst monthly gain since December 2020.Perspective: In April 2020 we lost over 20 million jobs due to the pandemic. And as the economy slowly returns to normal, these monthly jobs numbers are expected to be high because all the people who lost their jobs are expected to return to work. Today, we're still waiting for 3.9 million workers to come back to the workforce.The silver lining…
The skinny
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