Coronavirus & Unemployment: U.S. Lost 140,000 Jobs in December

Coronavirus & Unemployment: U.S. Lost 140,000 Jobs in December

A woman reads a sign at a closed store during the coronavirus in Brooklyn, N.Y., October 9, 2020. (Brendan McDermid/Reuters)

The economic rebound floundered in December as coronavirus numbers ticked up again and government stimulus aid began to run out.

The U.S. lost 140,000 jobs during the last month of 2020, the first decline in employment since April when a staggering 20.8 million jobs were lost as businesses shuttered and laid off workers during lockdowns, according to data from the Bureau of Labor Statistics released Friday.

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Originally Posted on: https://www.nationalreview.com/news/u-s-lost-140000-jobs-in-december-in-first-decline-since-april/
By: Mairead McArdle

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