Job Losses Resume

“The U.S. lost 140,000 jobs in December and the unemployment rate was 6.7%, ending seven months of job growth and suggesting the economy is weakening,” the Wall Street Journal reports.

“After the sharp contraction in March and April, the labor market quickly snapped back to life, adding a total 9.3 million jobs over the next three months. Since then, job growth has eased each month.”