Video: March jobs numbers beat expectations, with leisure and hospitality leading the way
“There is light at the end of the tunnel. We have millions of Americans getting vaccinated every day,” says Jonathan Bydlak, the Director of Fiscal and Budget Policy for the R-Street Institute. “The stock market is reflecting a lack of uncertainty, which is much different than what we saw this time last year. And the jobs numbers tend to be a lagging indicator, and they reflect other things that are happening in the economy. And if the economy is strong and consumer demand is strong, there will be a need to hire workers, and that’s what we’re seeing now.”
Watch here.
