CaughtInThe
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Such good news for so many families...
"Monthly job gains have averaged more than half a million over the past 12 months, a truly staggering pace compared with pre-pandemic numbers. In 2019, for example, the monthly average was only 164,000.
For Friday's March jobs report, economists polled by Refinitiv expect 490,000 positions to have been added. If the prediction proves correct, the nation will have recovered more than 90% of all jobs lost during the pandemic. It would also bring the unemployment rate to 3.7%, a new pandemic-era low."
www.cnn.com
"Monthly job gains have averaged more than half a million over the past 12 months, a truly staggering pace compared with pre-pandemic numbers. In 2019, for example, the monthly average was only 164,000.
For Friday's March jobs report, economists polled by Refinitiv expect 490,000 positions to have been added. If the prediction proves correct, the nation will have recovered more than 90% of all jobs lost during the pandemic. It would also bring the unemployment rate to 3.7%, a new pandemic-era low."

The next phase of the US jobs recovery has begun
The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.