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Standing by. What does it mean for the Biden Administration . Good morning, dana. This disappointing jobs report comes as the Omicron Variant is threatening the economic recovery while inflation is at its highest pace in four decades. This is bad news for the administration. The bright spot here is unemployment fell to 3. 9 , the lowest weve seen it during the pandemic. Administration is likely to highlight this as an achievement for them. But the report covers the week including december 12th. That came before the Omicron Spike ahead of christmas that really surged the cases across the country. Economists say now policymakers need to be very careful. Cant get close to the gdp. When you get that high there will be Runaway Inflation and maybe a default. For the Biden Administration to come out and propose things that will expand that debt is really, really reckless. December jobs report marks the lowest jobs growth of the entire year, dana. Dana there is that and also i wanted to ask yo
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