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'Goldilocksy': Economists React To The December Jobs Report On Twitter

Nonfarm payroll employment rose by 223,000 jobs in December, the U.S. Bureau of Labor Statistics reported Friday

The unemployment rate fell to 3.5%, and it has remained between 3.5% and 3.7% since the end of the first quarter of 2022.


There were notable job gains in the leisure and hospitality sector, which added 67,000 jobs in December, including 26,000 jobs at food services and drinking places. The industry is still 932,000 jobs short of its pre-pandemic employment level from February 2020.

Healthcare employment grew by 55,000 jobs in December. Growth in healthcare averaged 49,000 jobs per month in 2022 after only averaging 9,000 jobs per month in 2021.

Construction employment also grew in December, adding 28,000 jobs. The construction industry added an average of 19,000 jobs per month in 2022, up from 16,000 jobs a month in 2021. 

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

















Related Topics: Jobs Report, jobs reports