US loses 140,000 jobs, first monthly loss since spring, as unemployment remains at 6.7%

Last month, restaurants, bars, hotels, casinos, movie theaters and other entertainment venues shed nearly 500,000 jobs, the most since April, when nationwide shutdowns triggered 7.6 million layoffs. While those employers will regain some jobs as the economy recovers, changing consumer habits will likely mean that a portion will be gone for good. Business travel, for example, may not return to pre-pandemic levels.

Leave a Reply

Your email address will not be published. Required fields are marked *