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January 10, 2022

Unemployment sinks to 3.9% as many find jobs

  • Economists have cautioned that job growth may slow in January and possibly February because of omicron cases.
    • By CHRISTOPHER RUGABER
    AP Economics Writer

    WASHINGTON — The nation's unemployment rate fell in December to a healthy 3.9% — a pandemic low — even as employers added a modest 199,000 jobs, evidence that they are struggling to fill jobs with many Americans reluctant to return to the workforce.

    The drop in the jobless rate, from 4.2% in November, indicated that many more people found work last month. Indeed, despite the slight hiring gain reported by businesses, 651,000 more workers said they were employed in December compared with November.


     
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