U.S. Lost 301,000 Private Jobs Amid January’s Omicron Surge—The Worst Monthly Showing Since 2020

U.S. Lost 301,000 Private Jobs Amid January’s Omicron Surge—The Worst Monthly Showing Since 2020

[ad_1] Topline After a stronger-than-expected showing in December, private U.S. employers posted their worst monthly job growth in more than a year on Wednesday, according to payroll processor ADP, one of the latest signs the record wave of Covid-19 infections in January has stunted the economic recovery. “The majority of industry sectors experienced job loss,” […]

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White House warns that January's omicron spike could weigh on next week's jobs data

White House warns that January’s omicron spike could weigh on next week’s jobs data

[ad_1] White House national economic director Brian Deese speaks during a press briefing at the White House in Washington, U.S., July 2, 2021. Kevin Lamarque | Reuters The White House on Friday warned that the omicron-fueled spike in Covid-19 cases in early January could skew the data in next week’s jobs report, as millions of […]

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