U.S. Economy Shows Signs Of Recovery With 916,000 New Jobs Added In March

The U.S. economy is on the road to recovery post-pandemic: a new Labor Department report shows that employers added 916,000 new jobs in March, marking the biggest economic gain since August 2020 and defying economists’ predictions for a 647,000 increase in jobs. This increase even helped boost sectors that were most affected by pandemic shutdowns, such as restaurants and bars, which added 176,000 jobs last month. State and local education jobs rose by 126,000; hotels and accommodations by 40,000; performing arts, spectator sports and amusement parks by 64,000. Additionally, construction and de…

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HEDGE accordingly