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
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
  • 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

ABL vs. Cash Flow Lending: The Convergence of Structures in Middle Market Deals
News

Middle Market Debt Weekly: Fed Holds Steady as Middle East Conflict Reshapes Rate Outlook, Private Credit Redemption Wave Deepens & Oil Shock Tests Borrower Resilience

March 23, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Fervo Energy Secures $421MM in Non-Recourse Project Financing for Cape Station

March 23, 2026
News

Treville Closes Inaugural Capital Solutions Fund

March 23, 2026
Deal Announcements

Assembled Brands Partners with Swag Golf to Fuel Global Omnichannel Expansion

March 23, 2026
Deal Announcements

CB&I Upsizes Credit Facility to $400MM with Bank Syndicate

March 23, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Eversheds Sutherland Welcomes Young as Finance Partner in Texas

March 23, 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 *

A Workout Without the Mess: When is Article 9 Restructuring the Right Path?

Briar Capital Funds $5.6MM for Ohio Sheet Metal Firm

multiethnic businessmen discussing new business strategy on meeting in office

byAdam Dusoand1 others
March 19, 2026
ShareTweetSend

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
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

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