More people working = more demand for fuel - Apr 2
Posted: Sat Apr 02, 2022 9:23 am
The US labor market has almost recovered from the mass joblessness caused by the pandemic, adding hundreds of thousands of positions last month and sending the unemployment rate nearly to where it was before Covid-19 broke out nationwide.
The Labor Department reported Friday that the unemployment rate fell more than analysts forecast in March to 3.6 percent, a hair above its February 2020 level of 3.5 percent, while the economy added 431,000 jobs in the month.
Though the hiring total was slightly below analysts' forecasts, it was nonetheless a strong figure that underscored how far the economy has come since the pandemic started two years ago.
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Sure would be nice if we could ban the word "pandemic".
The Labor Department reported Friday that the unemployment rate fell more than analysts forecast in March to 3.6 percent, a hair above its February 2020 level of 3.5 percent, while the economy added 431,000 jobs in the month.
Though the hiring total was slightly below analysts' forecasts, it was nonetheless a strong figure that underscored how far the economy has come since the pandemic started two years ago.
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Sure would be nice if we could ban the word "pandemic".