Contact Us

'Mindboggling': Economists React To December Jobs Report On Twitter

The U.S. economy added 199,000 jobs in December, the U.S. Bureau of Labor Statistics reported Friday, falling short of expectations.

The unemployment rate fell to 3.9%, a significant drop from January when the unemployment rate was 6.3%.

Revisions added 141,000 new jobs to the previous two months' job reports.


Employment in leisure and hospitality grew by 53,000 jobs in December, 43,000 of which were at food services and drinking places. Despite its continued upward trend, employment in the leisure and hospitality sector is still down 1.2 million jobs — or 7.2% — since February 2020.

Following average monthly gains of 38,000 jobs over the previous three months, the construction industry added 22,000 jobs in December. Construction employment is now down 88,000 jobs from its February 2020 level.

Retail trade, healthcare and government jobs showed little or no change in the December jobs report.

Here's how economists and others reacted to the December jobs report on Twitter.