December Jobs Report Breakdown // Highest MorTgage Rates Since 2020 // Airlines Struggling - 1/7 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:50) - Chuck and Mike open Friday's show with a breakdown of the December jobs report, which saw just 199K jobs added vs. 422K expected. Unemployment rate came in at 3.9%.(15:07) - Mortgage rates have reached their highest level since spring of 2020. The guys discuss that as well as why there is a "t" in mortgage.(26:56) - Touching on the soaring rate (300% increase from 2020) of $100 million+ homes sold in 2021.(31:50) - A conversation about the struggles that airlines are undergoing after hundreds of cancellations over the last few weeks.