The spike in jobs and drop in the unemployment rate is an indicator that employers are rehiring staff let go amid the pandemic, though it’s unclear if the numbers will continue in a positive trajectory. For hiring to keep going at a solid pace, businesses will likely need to see signs that consumers are again comfortable enjoying things like eating out and shopping as well as other activities made impossible by the global outbreak.
U.S. unexpectedly adds 2.5 million jobs, unemployment rate falls to 13.3% amid coronavirus pandemic
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