Bright Spot in Downturn: New Hiring Is Robust
"The best thing you can say about these numbers is it speaks to the dynamism of the U.S. economy, and the net negative number that we all traffic in masks that."
- Robert J. Barbera, economist
Everyone knows the grim news — unemployment in the United States has jumped to 8.5 percent, a 25-year high, and is racing toward double digits. Since November, the nation has lost more than three million jobs.
Who is hiring? Hospitals, colleges, discount stores, restaurants and municipal public works departments.