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From child care to COVID, rising job market faces obstacles
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April 3, 2021
A surge in hiring in the United States last month 916,000 added jobs, the most since August coincides with growing confidence that a blistering pace of job growth will continue as vaccinations increase and federal aid fuels economic growth.
The most optimistic economists even predict that between now and year’s end, the nation could produce as many as 10 million more jobs and restore the labor market to its pre-pandemic level.
Maybe so. Yet even in normal times, it would be hard to regain all those jobs so quickly. And these aren’t normal times.
Associated Press
A hiring sign is seen outside home improvement store in Mount Prospect, Ill., Friday. America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. (AP photo)
WASHINGTON A surge in hiring in the United States last month 916,000 added jobs, the most since August coincides with growing confidence that a blistering pace of job growth will continue as vaccinations increase and federal aid fuels economic growth.
The most optimistic economists even predict that between now and year’s end, the nation could produce as many as 10 million more jobs and restore the labor market to its pre-pandemic level.