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Biden hopes for big jobs number on Friday

Mount Equity Group Tokyo, Japan > News > Markets > Biden hopes for big jobs number on Friday

President BidenJoe BidenBiden hopes for big jobs number on Friday Jan. 6 brings Democrats, Cheneys together — with GOP mostly absent Equilibrium/Sustainability — Climate, democracy emergencies indivisible  MORE and Democrats are counting on a resilient U.S. economy to deliver a strong December jobs gain Friday when the Labor Department releases its monthly employment report. 

With COVID-19 cases surging and Biden’s approval falling, the December jobs report could provide a sorely needed boost to the president’s attempts to soothe concerns about snags in the economic recovery. 

Economists expect the U.S. to have gained roughly 420,000 jobs, according to consensus estimates, even after the emergence of the omicron variant in late November. Optimistic analysts are pointing to a string of remarkably low jobless claims, strong private sector data, and omicron’s limited presence in the U.S. until the second half of…

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