US labor participation is back to 1978 lows. 62.7% in December. pic.twitter.com/ZpGCcoJWMN
— Matt Phillips (@MatthewPhillips) January 9, 2015
“That’s a horrific number”
CNBC’s Michelle Caruso-Cabrera announced the newly released report number. Only 74,000 jobs were created in December, a number that fell significantly short of the 200,000 anticipated created jobs.