Tag: U.S. jobs report
Business

Nearly 80% of the 346,000 workers who vanished from the U.S. labor force in January are women

The pandemic forced another 275,000 women out of the U.S. labor force in January, worsening the catastrophic employment crisis for working women. Women accounted for almost 80% of U.S. adults who stopped working or looking for work last month, according to an analysis of Friday’s jobs report by the National Women’s Law Center. More than […]

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Business

Women accounted for 100% of the 140,000 jobs shed by the U.S. economy in December

Women accounted for all of U.S. job losses in December, dramatically underscoring the pandemic’s unrelentingly disastrous impact on working women. Actually, it’s even worse than that: Technically, women accounted for more than 111% of jobs lost last month. The U.S. economy lost a net 140,000 jobs in December, the first month since April that total […]

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Business

Jobless claims Dropped in November, However, consumer spending Dropped for the first time since April

U.S. consumer incomes and spending dropped more than forecast in November and filings for unemployment benefits stayed at elevated rates a week, the most recent signals that the fall’s spike in coronavirus instances is sapping the financial recovery. Initial jobless claims in routine state plans dropped by 89,000 into 803,000 from the week ended Dec. […]

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