U.S. March Jobs Report Shows Strong Hiring Momentum

4/1/22
 
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from The Wall Street Journal,
4/1/22:

Economists see labor market growing briskly as more workers seek jobs.

The U.S. labor market strengthened last month as the pandemic’s grip receded and more workers jumped back into the labor force.

Covid-19 cases of the Omicron variant have declined sharply since late January, helping boost employer demand for labor, as more consumers are booking plane tickets, staying in hotels and dining out.

The easing pandemic is also encouraging more people to seek jobs. One key example: The pandemic was less likely to deter work searches in March than just a month earlier. Nearly 900,000 people were prevented from looking for a job due to the pandemic in March, down from 1.2 million in February, the Labor Department said.

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