2/ According to data released by the Bureau of Labor Statistics, the U.S. lost 140,000 jobs last month, the first month-to-month decline since the pandemic began. The hospitality, education and government fields had the largest job loss — all fields dominated by women.
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3/ December was also the first time since April that the U.S. economy stopped adding jobs. If we look at this fall, we see a slowing recovery and then a nosedive. September: 711,000 jobs returned October: 654,000 November: 336,000 December: -140,000https://bit.ly/35kY0Lc
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4/ The unemployment rate also edged slightly upward for women in December — 6.3 percent from 6.2 percent in November. It’s the first time since April that women’s unemployment rate has gone up month-to-month.https://bit.ly/35kY0Lc
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5/ Latinas saw the most dramatic increase in unemployment rates — 9.1 percent, up from 8.2 percent. White women also saw a bump in unemployment, from 5.4 percent in November to 5.7 percent in December.https://bit.ly/35kY0Lc
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6/ Economist
@MikeMadowitz said the recent surge in coronavirus cases is likely behind the depressed job numbers for communities of color. Many of the states where cases have spiked — CA, TX and FL — are home to the country’s largest Latina populations.https://bit.ly/35kY0LcShow this thread -
7/ Congress passed a $900 billion coronavirus relief package in December that included increased unemployment insurance payments and stimulus checks. It was expected to be a stop-gap before the Biden administration came in.https://bit.ly/35kY0Lc
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8/8 The December job numbers, Madowitz said, only make the need for more aid more urgent. More from
@ChabeliH:https://bit.ly/35kY0LcShow this thread
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Impactful stat. Did not know this...
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The December jobs report is out.
Women, who endured the first female recession in the nation’s history, have still only regained 44.6 percent of the 12.1 million jobs they lost between February and April.
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