Hiring Jumped in March, Fueled by Vaccines and Federal Aid
4/2/21
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from The New York Times,
4/2/21:
The U.S. jobs rebound picked up steam last month, fueled by the accelerating pace of vaccinations and a new injection of federal aid.
Employers added 916,000 jobs in March, up from 416,000 in February and the most since August, the Labor Department said Friday. The leisure and hospitality sector led the way, adding 280,000 jobs as Americans returned to restaurants and resorts in greater numbers. Construction firms added 110,000 jobs as the housing market stayed strong and activity resumed following winter storms in February.
The unemployment rate fell to 6 percent, down from 6.2 percent in February.
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