‘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.” NN: We have two key events. The omicron mutation that is ripping through society. It is obvious the powers that be do not want to provuide tests. And the game they are playing is let the virus rip through society. As often pointed out no more lock downs. As you are seeing its shut down time again. The unemployment numbers picked up the fact that the smart people are staying at home and not working. The other element to this is the run away inflation. The Fed really fucked up by waiting a year to put out the fire. The twin curse of the FED pulling stimulus and raising rates along with  an economy that could suck shut again because of the Omicron spread will devastate the markets