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Added on the 08/01/2021 16:48:36 - Copyright : Wochit
As if the end of the year weren't hard enough, the December jobs report from the Bureau of Labor Statistics said 140,000 jobs were lost last month. According to Business Insider, the data shows all of those lost jobs were held by women. Among the newly-unemployed, Black and Latina women working in retail and education sectors were hit the hardest. The US posted a surprise decline in payrolls in December and all of the 140,000 jobs lost were held by women. As the COVID-19 pandemic continues to spread, the US economic recovery has been mostly stagnant. Small businesses nationwide have been hit particularly hard. Many are being forced to lay off staff or close altogether to curb the pandemic's spread.
Job growth surged more than economists expected, and the unemployment rate held steady at 5 percent. Fred Katayama reports.
Business Insider reports roughly 34,000 current and former McDonald's fast-food workers in California are due a check for as much as just under $4000. McDonald's has agreed to settle with workers for a total of $26 million in a case originally filed in 2013, over wage theft by the company. Workers say the company engaged in illegal practices in various ways. McDonald's allegedly failed to pay all wages when due, failed to provide meal and rest breaks for workers, and failed to pay overtime wages or minimum wage. Workers will receive checks for an average of just over $333.
U.S. President Barack Obama attends an outdoor arrival ceremony in heavy rain, as the first sitting U.S. president to visit Laos. Rough Cut (no reporter narration).
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