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Employment Still Lags Behind

Jobs

The Jobmarket has improved since the pandemic, however we are still behind pre pandemic levels.

Employers added 678,000 jobs last month while the unemployment rate fell to 3.8%, according to the February jobs report.

The share of adults in the labor force — which includes those looking for work — ticked up to 62.3% in February, Axios’ Neil Irwin and Emily Peck report.

Yes, but: February’s labor force participation rate was more than a percentage point below its level two years ago, before the pandemic.

Axios Closer By Hope King and Nathan Bomey ·Mar 04, 2022