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The US economy lost 140,000 jobs in December. All of them were held by women

The economic recovery is backtracking, and women — particularly women of color — are bearing the brunt of the job losses.

Click to view the original at cnn.com

Hasnain says:

What the actual... I’m not surprised, just disappointed.

“According to new data released Friday, employers cut 140,000 jobs in December, signaling that the economic recovery from the coronavirus pandemic is backtracking. Digging deeper into the data also reveals a shocking gender gap: Women accounted for all the job losses, losing 156,000 jobs, while men gained 16,000.

Meanwhile, a separate survey of households, which includes self-employed workers, showed an even wider gender disparity. It also highlighted another painful reality: Blacks and Latinas lost jobs in December, while White women made significant gains.”

Posted on 2021-01-09T18:43:07+0000