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3 charts show how December’s surprisingly bad jobs report was especially devastating for the most vulnerable workers

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Summary List Placement

The United States lost 140,000 jobs in December.

The Bureau of Labor Statistics reported the surprising dip in nonfarm payroll jobs on Friday. As Insider’s Ben Winck reported, economists had actually anticipated that 50,000 jobs would be added.

It’s the first decline in a jobs report since April, showing how the recovery has slowed down. On the other hand, unemployment remained steady at 6.7% coming in lower than the 6.8% economists had forecasted, Winck also reported.

Significantly, the payroll report shows that America is still seeing a K-shaped recovery, with low-wage jobs and jobs with low details ⇒

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