Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

U.S. Loses 140K Jobs in December, Primarily in Leisure and Hospitality

byPhil Neuffer
January 11, 2021
in News

According to the U.S. Bureau of Labor Statistics, there were 10.7 million unemployed persons in the U.S. in December, as total nonfarm payroll employment fell by 140,000 and the unemployment rate remained at 6.7%. For a pre-pandemic comparison, the unemployment rate was at 3.5% and there were 5.7 million unemployed persons in February 2020

As CNN reported, “women accounted for all the job losses” in December, specifically noting that “[Black women] and Latinas lost jobs in December, while white women made significant gains.”

The bureau noted that there were job gains in professional and business services, retail trade, construction, transportation and warehousing, healthcare, manufacturing and wholesale trade, but these were outweighed by job losses in leisure and hospitality, private education. government and “other services.” In fact, the 498,000 lost jobs in leisure and hospitality outpaced the total jobs gained from all industries that experienced growth combined (482,000).

According to a release from the bureau, “The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases and efforts to contain the pandemic.”

The bureau also reported that there were increases in the number of people who worked from home and the number of people who couldn’t work due to lost business or company closures in December compared with November.

Previous Post

Morgan Stanley Leads Debt Financing to Support E.W. Scripps’ Buy of ION Media

Next Post

Tiger Group Auctions $16MM of AMD Medical Supplies Inventories from Jan. 12-14

Related Posts

Deal Announcements

Atlas Grove Funds $180MM Facility as Harvest Sherwood Plan of Reorganization Becomes Effective

September 18, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Wayflyer Secures $50MM Corporate Debt Facility from Trinity Capital

September 18, 2026
News

Novuna Business Cash Flow Launches Asset-Based Lending Proposition

September 18, 2026
News

Meritage Initiates Voluntary Chapter 11 Process to Strengthen its Balance Sheet

September 18, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Gordon Brothers Welcomes Allen as Senior Managing Director

September 18, 2026
Icons: What This Year’s ABF Journal Icons Want You to Know
News

Biodrowski Named Head of Market Coverage for Wells Fargo Commercial Banking

September 18, 2026
Next Post

Tiger Group Auctions $16MM of AMD Medical Supplies Inventories from Jan. 12-14

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

American Investment Council Launches Campaign Highlighting Private Equity’s Support of Small Businesses

Why the Right Buyer Isn’t Always the Highest Bidder

September 11, 2026

Building Trust Before It Counts: TMA’s Latest Leading Edge Episode

September 4, 2026

Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market

September 4, 2026

After Unitranche: How the Middle Market Capital Stack Is Being Pulled Apart from Inside

September 11, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years