The unemployment rate remained the same at 6.7%, which was the first month that the rate had not improved in seven months.
The U.S. economy has continued to fall 9.8 million jobs since February.
Workers who have lost their own debt still need the help of the government to get themselves right. And while the stimulus package signed by the law in the last week of 2020 is expanding and expanding unemployment benefits, more work is likely to have to be done.
The Democratic cattle of the Senate, which gives the party both the White House and Congress, have paved the way for a speedy implementation of President-elect Joe Biden’s economic agenda, which is likely to include more stimulus in the short term. Biden also plans to pour dollars into the infrastructure and clean energy industries to create millions of jobs in the medium and long term.
This is an evolving story. It will be updated.