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US loses 140,000 jobs, first monthly drop since spring
Jan. 08, 2021 at 9:07 am
CHRISTOPHER RUGABER, AP Economics Writer
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 depict a sharply uneven job market, with losses concentrated among restaurants, bars, hotels and entertainment venues, many of them affecting low-income employees, while most other sectors are still adding workers. Still, the nation has nearly 10 million fewer jobs than it did before the pandemic sent it into a deep recession nearly a year ago, having recovered just 56% of the jobs lost in the spring.
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Mount Gay’s managing director Raphael Grisoni (right) presenting team member Anthony Alleyne with his 25-year award. (GP) Social Share
Mount Gay Distilleries Ltd recently recognised the contribution of ten of its retirees and over 20 long-standing team members during the company’s awards ceremony.
Among the retirees were Pamela Greaves and Hayden Fields, who were with the company for 38 and 31 years respectively, as well as Angela Bennett and Marcia John, both serving 29 years; Ambadeen Watson – 24 years; Stevenson Hall – 23 years and Junes Haynes – 22 years. Sharon Cadogan, Claudia Freer and George Worrell, who collectively served over 40 years with the company, also received awards.