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The State Of US Jobs Recovery


The State Of US Jobs Recovery
this post authored by Felix Richter
One day before the Senate passed President Biden s sweeping $1.9 trillion stimulus package on Saturday, the latest jobs report showed encouraging signs of recovery, as the U.S. economy added 379,000 jobs in February, exceeding expectations.
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The leisure and hospitality sector led the job gains in February, adding 355,000 payrolls, with restaurants and drinking places accounting for the lion’s share of that total (+286,000). As several states eased restrictions and the vaccine rollout continued, many Americans dipped their toes back into normal life, enjoying a meal or a drink outside after months of withdrawal. ....

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