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Friday 7 January 2022

The Daily Money: December jobs report; why you need a travel budget

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usatoday.com

The Daily Money
 
Friday, January 7

Good morning, Daily Money readers. We made it through the first full work week of 2022! Jayme Deerwester here with you this frigid Friday.

Hiring slowed sharply for a second straight month in December, with employers adding just 199,000 jobs, as the omicron variant began driving COVID-19 cases higher. The unemployment rate fell, which is calculated from a different survey from 4.2% to 3.9%, the Labor Department said Friday.

For all of 2021, the economy added a record 6.4 million jobs, or 537,000 a month. So far, the U.S. has recouped 18.8 million, or 84%, of the 22.4 million jobs lost early in the pandemic, leaving it 3.6 million jobs shy of its pre-crisis level.

On to today's ... 

💡 DAILY INSIGHT. 💡Yearning to travel in 2022?  Calculate how much you can put aside, then choose where to go. That's the advice of budgeting blogger Guadalupe Sanchez.

"Start saving at least nine months before you plan to travel, and keep all your savings in a specific bank account," she advises. "Separating the financial goal from the destination keeps you from deciding to go anyway because you've become emotionally attached to going somewhere."

Other stories you won't want to miss:

Why is Southwest canceling flights?   Airline scrapped more than 600 Thursday.

Where to find KN95 masks for kids.  Because those old cotton masks won't cut it anymore.

This Fresca packs a punch. Coca-Cola is launching an alcoholic version of soft drink.

Taco Bell offers wings for a limited time.  How to get new Crispy Chicken Wings.

Don't dawdle getting to the airport.  COVID spike forcing some TSA checkpoint closures.

MOOD MUSIC. With CES 2022 winding down this weekend, I've chosen Daft Punk's Techologic as today's lyrical inspiration: "Buy it, use it, break it, fix it, trash it, change it, mail, upgrade it. Charge it, point it, zoom it, press it, snap it, work it, quick – erase it."

Sign that reads now hiring all shifts.
Disappointing 199,000 jobs added in December as omicron took hold
The economy added 199,000 jobs in December as the COVID-19 omicron variant broke out. The unemployment rate fell to 3.9%.
This is how to set your 2022 travel budget
"Start saving at least nine months before you plan
Fresca Mixed: Coca-Cola launching boozy version of soft drink
In this file photo taken on May 01, 2016, a Coca-C
Taco Bell has Crispy Chicken Wings for limited time. How to get them.
A Taco Bell restaurant stands along a Queens stree
Why you should claim Social Security at age 70
Two people at a table with a laptop.
Why Bitcoin and other cryptocurrency prices have tanked this week
With Bitcoin prices down by about 30% since early
Southwest cancels 1 in 5 Thursday flights as sick calls take a toll
Southwest Airlines planes in an airport gate area.
Some TSA checkpoints closing due to COVID-19 staff shortage
TSA officer Joseph Potenza Jr. helps travelers pla
Cruise line transfers COVID-positive crew to out-of-service ships
Royal Caribbean International's Rhapsody of the Se
Israel reopening to US travelers Sunday
Vaccinated tourists wearing masks for COVID-19 pro
 
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