Business
Restaurant industry loses jobs for the first time since April as new restrictions hit employment – CNBC
The restaurant industry lost jobs for the first time since April as new restrictions to fight the coronavirus pandemic weighed on sales.
The restaurant industry lost jobs for the first time since April as new restrictions to fight the coronavirus pandemic weighed on sales at eating and drinking places.
The surge of new Covid-19 cases in November weighed on overall job growth, which slowed down to its lowest rate since May. Unemployment decreased from 6.9% to 6.7%, according to the monthly Department of Labor report. Food and drinking places lost 17,400 jobs in November, and the industry has an unemployment rate of 13.8%.
But the…
