“There is light at the end of this dark tunnel of the past year. There is real reason for hope,” President Joe Biden said.
It’s evidence fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.
The February gain marked a sharp pickup from the 166,000 jobs that were added in January and a loss of 306,000 in December.
That’s despite a drop in confirmed viral infections and evidence that the overall economy is improving.
It’s the lowest figure since late November for weekly jobless claims, but the labor market isn’t making much progress.
Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Friday.
The job market has stalled, with employers having added a mere 49,000 jobs in January after cutting workers in December.
The $600 stimulus checks got Americans shopping again.
The job market’s improvement slowed through the fall and in the past two months has essentially stalled.
Bitcoin spiked 14% and appeared to briefly hit a new all-time high. Shares of Tesla moved higher as well.
