‘Pandemic is controlling our economic trajectory,’ says expert as job growth disappoints

“Well, today’s jobs report ends 2020 on a sour note. We saw payrolls slow well below expectations and in fact even more sluggish payroll growth than what we saw in November, which we were hoping to see, was a bit of a fluke. On top of that, even though we’ve actually seen a pretty significant slowdown in jobs growth in the last two months as the Delta and Omicron variants have took their toll. We have actually seen over six million jobs added over the course of 2021, which is a record high and I think really speaks to the fact that we’ve actually seen significant job growth over the year, despite the conversations and discussions we’ve been having about how difficult it is for employers to hire.”