JOBS REPORT: IRS is the #2 Hirer in the Country, Government and Nationalized Healthcare Added the Most Jobs

Private sector is in trouble.

Manufacturing shed the most jobs.

Despite government media lauding the jobs report, 683,000 fewer Americans were working last month and four to five million have simply disappeared from the workforce. – opted out.

Job Gains Picked Up in December, Capping Year of Healthy Hiring

Unemployment held at 3.7% last month and hiring was revised lower in prior months

By Amara Omeokwe, WSJ, Jan. 5, 2024:

Employers in the leisure and hospitality industry continue to play catch-up from disruptions during the pandemic.

Employers hired at a solid pace in December, capping a year of steady gains for a job market that continues to defy expectations and remains a bright spot in a gradually cooling economy.

The U.S. economy added 216,000 jobs last month, the Labor Department reported Friday. That was larger than November’s gain of 173,000, and better than forecasters were expecting. Hiring was revised down in both October and November. For all of 2023, employers added 2.7 million jobs, a slowdown from 2022, but a better gain than in the years preceding the pandemic.

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EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.

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