White House goes into full spin mode, engages in pre-emptive damage control over forthcoming jobs report

https://www.theblaze.com/news/white-house-does-preemptive-damage-control-over-possibl

Media got their back, so all G.

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US companies unexpectedly slash jobs in January as omicron surge batters economy

https://www.foxbusiness.com/economy/us-companies-january-hiring-adp-report-2022

US job growth soars past expectations with 467,000 added, shaking off omicron surge

https://www.foxbusiness.com/economy/january-jobs-report-coronavirus-pandemic-2022

The jobs report today, while not great was also not that bad. There were a lot of good details in the report today. So I am not sure why the administration reacted the way they did? Of course the market futures went down immediately after the report came out. As the 10 year yield went up so did the unemployment rate slightly. Crude oil is up over $92 as of this moment. But the employment participation rate went up. Not a lot but it still gained. I guess we’ll just have to wait and see what happens today.