Happy Monday! For those of you who took a break from the news over the weekend, we are pleased to report President Biden sounds like George Clooney now.
(He told reporters he caught a cold from his grandson.)
Quick Hits: Today’s Top Stories
The Bureau of Labor Statistics reported Friday that U.S. employers added 210,000 jobs in November—well below the Dow Jones estimate of 573,000—while the unemployment rate fell from 4.6 percent to 4.2 percent. The labor force participation rate increased from 61.6 percent to 61.8 percent—the highest level since the pandemic started—but approximately 3.9 million fewer Americans are working today than February 2020.
An anonymous Biden administration official told the Washington Post over the weekend that a U.S. intelligence assessment has found that Russia is planning a “multi-front offensive” against Ukraine as soon as early 2022. “The plans involve extensive movement of 100 battalion tactical groups with an estimated 175,000 personnel, along with armor, artillery and equipment,” the official said. President Biden is scheduled to speak with Russian President Vladimir Putin on Tuesday via video call, and told reporters he expects to have a “long discussion” with his counterpart regarding the planned offensive.