Friday, April 02, 2021
The U.S. may have added the most new jobs in March in at least six months " Wall Street predicts a nearly 700,000 gain " as the economy revved up after a winter hiatus. Here's what to watch in Friday's employment report.
Businesses and government probably created some 675,000 jobs in March, based on a survey of economists by Dow Jones and The Wall Street Journal.
Such an increase would be the largest since October, just as the coronavirus pandemic began to surge again.
By contrast, the U.S. created 379,000 jobs in February and 166,000 in January.
The record increase in cases at the end of last year slammed the brakes on the economy and even caused the U.S. to lose jobs in December for the first time since the onset of the pandemic.
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