US economy shed 140,000 jobs in December
The decline was the first since April
08 January 2021 - 17:27
New York — The US labour market lost jobs in December for the first time in eight months, providing the strongest evidence yet of how the surge in coronavirus cases is weighing on the economy.
Nonfarm payrolls decreased by 140,000 from the prior month, according to a labour department report Friday that bucked economists’ forecasts for a modest gain of 50,000. The unemployment rate was unchanged at 6.7%, halting a string of seven straight drops...
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