Good news for your Friday: the economy added a whopping 379,000 jobs in February — far outpacing expectations.
Why it matters: Virus cases eased in recent weeks and states lifted restrictions, helping fuel a hiring surge. It’s proof of how much control the pandemic has over the job market.
The clearest signal: The bounce-back was largely driven by hiring in the leisure and hospitality sectors, which came even in the dead of winter. Continue reading.