Headline Roundup • April 2nd, 2021
US Added 916,000 Jobs in March
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New York Times (News)
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 unemployment rate fell to 6 percent, down from 6.2 percent in February.
The report came one year after the pandemic ripped a hole in the American labor market. The U.S. economy lost 1.7 million jobs in March 2020 and more than 20 million in April,...
Wall Street Journal (News)
Hiring accelerated in March as employers added 916,000 jobs, the Labor Department said Friday, the biggest gain since August. The unemployment rate fell to 6.0%.
The U.S. labor market is poised for a hiring spree that could deliver jobs to the industries, regions and workers hardest hit during the Covid-19 pandemic.
Economists surveyed by The Wall Street Journal project employers will add an average of 514,000 jobs each month over the next year, for a total of more than six million. That would mark the best 12-month stretch of job...
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Washington Examiner
The economy beat expectations by adding 916,000 new jobs in March while the unemployment rate dropped to 6% as businesses recover from the COVID-19 pandemic, the Bureau of Labor Statistics reported Friday.
Forecasters had anticipated some 647,000 new nonfarm payroll jobs.
Demand for labor has increased as stores, restaurants, and other businesses keep emerging from the year-long slump brought on by pandemic restrictions. More and more people are getting vaccinated for COVID-19, the major factor at play in how quickly the economy can regain its pre-pandemic footing.
The growth also...
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