Seven months of job growth ended in December 2020 as U.S. payrolls fell by 140,000, according to the latest employment report from the Bureau of Labor Statistics (BLS). The downturn was driven by a sharp decline in jobs in the leisure and hospitality sector, which lost 498,000 jobs as states began to reimpose restrictions on businesses amid a resurgence in COVID-19 cases. Unsurprisingly, 2020 was the worst year of job loss on record. Over 9.4 million jobs were lost by year-end, overtaking the 5