WASHINGTON: The US economy ended 2021 on a sour note with a worse-than-expected employment report last Friday underscoring the challenges awaiting President Joe Biden in the new year, as the Omicron variant runs rampant and his legislative agenda stalls.
The world’s largest economy gained only 199,000 jobs in the final month of the year, the Labour Department said, defying expectations for an increase of hundreds of thousands of positions fuelled by the recovery from Covid-19.
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