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Stocks Down as December Jobs Report Shows Slower Hiring Growth

Stocks Down as December Jobs Report Shows Slower Hiring Growth

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by January 7, 2022 Market
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The Street

By Rob Lenihan Stocks are after December’s nonfarm payrolls report shows fewer-than-expected new jobs were created last month, even amid record job growth in 2021. Stocks were mixed Friday after a key U.S. employment report showed slower-than-expected job growth in December amid the surging omicron variant of Covid 19. The Dow Jones Industrial Average fell 35 points, or 0.1%, to 36,201, the S&P 500 was off 0.22%, while the Nasdaq was down 0.42%. The nonfarm payrolls report showed the U.S. economy added far fewer jobs in December than expected. The Labor Department Friday reported payrolls incr…

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