Job growth could turn negative for first time under Biden due to Omicron

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Job growth could turn negative for first time under Biden due to Omicron
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Job growth numbers may be about to turn negative for the first time since President Biden took office, and the White House is seeking to get ahead of potential negative headlines.

Vast numbers of Americans missed work this month due to the Omicron variant, and that is likely to drag down January jobs numbers. But the White House believes these effects will be temporary.

Covid cases peaked in precisely that span, with the highest seven-day average case count coming on January 15, according to the CDC. In early January, 8.75 million people Americans said they were not working because they were sick with COVID or caring for someone who was sick with COVID, according to a Census survey, up from 2.96 million in early December.

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