U.S. Hiring Accelerates with Restaurant Reopenings in February

Via – The U.S. saw job gains in February come in well above most economist’s expectations, signaling that the labor market could be emerging from both the COVID-19 pandemic shutdowns and the big chill of the winter months. About 379,000 jobs were added to employers’ payrolls in February, according to the Bureau of Labor Statistics (BLS). And while December’s job loss of -227,000 was revised down to -306,000, the modest gain of 49,000 in January was bumped up to 166,000, resulting in a net increase of 38,000 for those two months…read more

Categories: ECONOMICS