US Economy faces uptick in employment, 140,000 women lost jobs

Mon Jan 11 2021 18:35:57 GMT+0530 (IST)

The ongoing Coronavirus that was detected in 2020 from the dragon country China has spread from one nation to another. More than 200 nations have reported the virus spread so far.

Things went upside down for the entire world, with everything around us coming to a standstill. From educational instructions to workplaces, everything was shut across the globe to curb the infections.

The United States which faced the wrath of the spread of the noble Coronavirus has also suffered from the huge loss faced by the United States economy.

According to the data shared by the government agency Bureau of Labor Statistics stated that unemployment in the United States saw a peak with a major share of companies reducing the payroll.

In December, the US registered an unemployment rate of 6.7 percent. A total of 140,000 jobs were lost in the nation and the employees who turned unemployed in December are lady employees.

In total, not less than 5.4 million women lost their jobs since February, while 2.1 million women who lost their jobs are not in search of employment opportunities.