Video: This Weaker Jobs Report Is Exactly What the Federal Reserve Wanted

The economy added only 148,000 jobs in December, missing estimates of 191,000. 

It was a report that's not too hot and not too cold for the Federal Reserve, according to Nick Colas, co-founder of DataTrek Research.

Want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

More of What's Trending on TheStreet:

• How Intel's Chip Flaw Could Affect Amazon, Microsoft and Others in the Cloud
• What Sanford and Son Taught Me About Bitcoin
• Planet Fitness CEO: Here Comes 4,000 Discount Gyms
• How the New Tax Law Affects Medical Deductions, Property Taxes