US adds a solid 850k jobs as economy extends its gains

Source: Politico

“In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs. Friday’s report from the Labor Department was the latest sign that the reopening of the economy is propelling a powerful rebound from the pandemic[-panic based, politically caused] recession. Restaurant traffic across the country is nearly back to pre-pandemic levels, and more people are shopping, traveling and attending sports and entertainment events. The number of people flying each day has regained about 80 percent of its pre-Covid-19 levels. And Americans’ confidence in the economic outlook has nearly fully recovered.” (07/02/21)