Unpacking The December Jobs Report: Beneath The Surface, Reasons To Question The Optimism

OAN’s Alicia Summers
1:35 PM – Friday, January 5, 2024

The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000. Government jobs played a significant role in this growth. However, the Labor Department highlights a rise in the number of people actively seeking jobs, reaching 5.7 million in December, marking an increase of 514,000 over the year.

The unemployment rate remains unchanged at 3.7%. This report follows the Federal Reserve’s decision not to raise interest rates at its latest meeting. David Stryzewski, CEO of Sound Planning Group, took a deeper look and explains why he considers this to be an awful report. One America’s Alicia Summers has more.

Demonstrators clash at an encampment at UCLA early Wednesday, May 1, 2024, in Los Angeles. Dueling groups of protesters have clashed at the University of California, Los Angeles, grappling in fistfights and shoving, kicking and using sticks to beat one another. (AP Photo/Ethan Swope)

Daily Feed 5/1/24

Pro-Hamas Protests could trigger a Red Wave, The House passes the Antisemitism Awareness Act and Florida bans Lab-Grown Meat.

Palestinians walk next to a building damaged during a raid by Israeli troops at the Nur Shams refugee camp near the northern city of Tulkarm in the occupied West Bank on October 20, 2023. At least 81 Palestinians have been killed by Israeli troops or settlers in the West Bank since the Gaza conflict erupted on October 7, according to ministry figures. (Photo by Zain JAAFAR / AFP) (Photo by ZAIN JAAFAR/AFP via Getty Images)

US Mulls Admitting Palestinian Refugees From Gaza

The Biden administration is considering admitting Palestinian refugees from Gaza into the U.S. CBS reports that senior officials from various agencies are discussing the logistics of permanently resettling Palestinians who have fled to Egypt and have immediate family members who are American citizens.