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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.
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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.
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U.S. employers added 1.8 million jobs in July, down from 4.8 million the month before. The unemployment rate inched down to 10.2%.
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More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.
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Nearly 70,000 Kentucky residents applied for unemployment benefits last week. It shows the coronavirus pandemic continues to inflict economic damage even…