US could see employment recovery in January

Washington (AFP) – A nationwide drop in Covid-19 cases and improvements in economic indicators have raised hopes that the US labor market is on the upswing, and government data due out Friday could show how strong that recovery is. The Labor Department is set to release its January employment report, which will provide the latest unemployment rate and show how many jobs the economy added or lost last month. The December report brought ill tidings, with the unemployment rate flat at 6.7 percent as the economy lost 140,000 positions after states imposed new business restrictions to cope with sur…

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