The U.S. economy added 216,000 jobs in December, much better than expected, according to the latest report from the Bureau of Labor Statistics. This is the highest number of jobs added in a single month since February 2020, and it marks the fourth consecutive month of job gains.
The job gains were driven by the leisure and hospitality sector, which added a whopping 355,000 jobs in December. This sector has been hit hard by the pandemic, and the job gains in December are a sign that the industry is beginning to recover. Other sectors that saw job gains in December include professional and business services, health care, and retail trade.
The unemployment rate also fell to 6.7%, down from 6.9% in November. This is the lowest unemployment rate since the pandemic began, and it is a sign that the labor market is slowly recovering.
The job gains in December are a welcome sign for the U.S. economy, which has been struggling since the pandemic began. The job gains are a sign that the economy is beginning to recover, and that businesses are beginning to hire again.
However, the job gains in December are not enough to make up for the millions of jobs lost since the pandemic began. The U.S. economy still has a long way to go before it fully recovers, and it is important that the government continues to provide support to businesses and workers.
Overall, the job gains in December are a positive sign for the U.S. economy, and they are a sign that the labor market is slowly recovering. It is important that the government continues to provide support to businesses and workers in order to ensure that the recovery continues.