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U S Economy Added 379,000 Jobs in February — 2nd Update

Provided by Dow Jones By Eric Morath and Hannah Lang Hiring accelerated in February as restaurants and other hospitality businesses reopened and coronavirus cases eased, setting up the U.S. economy for broader growth this spring. U.S. employers added 379,000 jobs in February the largest monthly increase since October and January gains were revised higher to 166,000 jobs, the Labor Department said Friday. The hiring thaw comes after job growth froze earlier in the winter. The unemployment rate, determined by a separate survey, ticked down to 6.2% last month. The rate is well down from a 14.8% peak in April 2020, but remains above pre-pandemic levels, when unemployment was near 50-year lows. Overall, the U.S. has 9.5 million fewer jobs that a year earlier, just before the coronavirus pandemic took hold in much of the country.

Ahead of February Jobs Report, UKG Workforce Activity Report Shows U S Poised for Shift Growth After Weathering Harsh Winter

Press release content from Business Wire. The AP news staff was not involved in its creation. Ahead of February Jobs Report, UKG Workforce Activity Report Shows U.S. Poised for Shift Growth After Weathering Harsh Winter March 2, 2021 GMT LOWELL, Mass. & WESTON, Fla. (BUSINESS WIRE) Mar 2, 2021 National Overview: According to the U.S. Workforce Activity Report from UKG (Ultimate Kronos Group), total shift work 1 increased 1.9% in February. Growth was largely muted during the first half of February but showed measurable acceleration across all key business sizes and industry segments in the latter half of the month. ADVERTISEMENT By Business Size: Following contraction across the board in January, businesses in all segment sizes grew in February:

Ahead of February Jobs Report, UKG Workforce Activity Report Shows U S Poised for Shift Growth After Weathering Harsh Winter

Ahead of February Jobs Report, UKG Workforce Activity Report Shows U S Poised for Shift Growth After Weathering Harsh Winter
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Do you manage up or down?

Do you manage up or down? It’s not easy to spot those who spend all their energy looking up, so organizations need systems to root them out. Photograph by andresr “There may be said to be two classes of people in the world; those who constantly divide the people of the world into two classes, and those who do not.” Though the above notion has been attributed to many people over the years, including Groucho Marx, several citations suggest it was Robert Benchley, the American humorist, who first captured that idea 101 years ago in a Vanity Fair article. I confess I am solidly in the former class, always looking for “two kinds of…” frameworks as a way to simplify the complexity of the world. Yes, I know the risks of the exercise that it can lead to oversimplification and erase the nuances of true insight. But I often find it can also help crystallize the essence of an issue.

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