Although the overall jobs market is starting to come back, youth unemployment remains stubbornly high, creating a lot of anxiety among the latest class of college and high school seniors.
Millions who lost jobs at the beginning of the pandemic are still out of the labor force, making up levels of the unemployed not seen since the Great Recession.
The U.S. economy is likely to have slowed in the last three months of the year, ending 2020 smaller than it began. But for some companies, business is now back to pre-pandemic levels.
U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
U.S. employers added 638,000 jobs last month as the unemployment rate dipped to 6.9%. A winter spike in coronavirus infections threatens to further weaken job growth.
A new database from U.N. Women and UNDP looks at how 206 countries and territories are responding to women's needs during the pandemic. And the results are mixed.
The Labor Department says U.S. employers added just 661,000 jobs last month, as unemployment fell to 7.9%, showcasing an economic recovery that is losing steam.
Owensboro, Ky., has enjoyed the closest thing to a V-shaped recovery of any city in the country. Its jobless rate soared in April but by June was back to pre-pandemic levels.