- Leisure & Hospitality (280,000), Government (136,000), and Education & Health Services (101,000), which tend to be government supported, were 517,000 of the 916,000 jobs.
- The rise of COVID19 cases and the confirmation of the Brazilian variant in Michigan last week gives us pause as to whether we are truly seeing daylight on the disease.
- We expect tensions with CCP China to escalate after the summit in Alaska last month and the crackdown on Honk Kong democracy.
For further details see:
Headline Jobs Number For March Is Misleading. Growth Mostly In Low-Wage And Government Sectors