U.S. loses 140,000 jobs, first monthly loss since spring

Christopher Rugaber

01/08/2021

Economy Jobs Report — U.S. EMPLOYERS CUT 140,00 positions in December. /AP FILE PHOTO/WILFREDO LEE

WASHINGTON (AP) – United States employers shed jobs last month for the first time since April, cutting 140,00 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.…

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