Most headlines emphasized the payrolls increase figure +216,000 far exceeding expectations (+175,000) in December 2023. Many views suggest the December jobs report mixed bad and good news. However, Viet Hustler's view is that the December jobs report has more bad news than good, including:
Job growth based on Non-Farm Payrolls (NFP) and household employment survey both below pre-Covid trends.
Labor force participation rate declining…
