Healthcare, construction, and government jobs lead growth in December jobs report

Yahoo Finance published this video item, entitled “Healthcare, construction, and government jobs lead growth in December jobs report” – below is their description.

December jobs data outpaced expectations, adding 216,000 jobs to the US labor market in the month alone and 2.7 million jobs in 2023 overall. Some economists are still characterizing the job market as “still hot” as US workers are experiencing quicker turnovers between jobs.

Glassdoor Lead Economist Daniel Zhao sits down with Yahoo Finance Live in-studio to break down employee confidence metrics and employer sentiments coming out of the pandemic.

“This isn’t 2021, 2022, where you could throw a stone and find a job opening. Right?” Zhao comments. “So, for now… job seekers have to do a little bit more research to find those industries or those parts of industries that are still hiring, that are still looking for workers, and you probably aren’t getting quite the same raise that you would get just a few years ago.”

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In This Story: TikTok

TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.

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