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Job growth in February may mark the start of a hiring boom as the economy reopens

March 5, 2021


February’s surprisingly strong job growth signals that the economy could be at a pivot point and is about to enter a hiring boom.

The economy added 379,000 jobs, well above the 210,000 expected, with most of them in leisure and hospitality, the sector hardest hit when the economy abruptly shut down a year ago.

Economists say it would not be surprising to see multiple months now of job growth of at least 500,000.

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