America loses 140,000 jobs, first monthly loss since April

  • By cvbizz
  • January 8, 2021
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U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.At the same time, the unemployment rate stayed at 6.7%, the first time it hasn’t fallen since April.Friday’s figures from the Labor Department suggest that employers have rehired roughly all the workers they

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