US jobs numbers drop dramatically as Covid cases soar across the country - News Summed Up

US jobs numbers drop dramatically as Covid cases soar across the country


The recovery in the US jobs market collapsed in December, the last full month of Donald Trump’s presidency, as coronavirus infections soared across the country. The loss ended seven months of jobs growth with the leisure and hospitality sector once again bearing the biggest losses. Some 372,000 jobs were lost in food services and drinking places, offsetting gains in other areas, as Covid-19 infections and deaths rose sharply across the country. “The decline in payroll employment reflects the recent increase in coronavirus (Covid-19) cases and efforts to contain the pandemic,” the BLS said. Friday’s latest jobs report comes after months of worrying signs in the jobs market.


Source: The Guardian January 08, 2021 13:33 UTC



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