America keeps adding jobs but we're still not back to normal
CNN
The US jobs recovery has picked up steam again in the final months of the year, bringing some good news in the face of persistently rising prices and a new Covid variant.
Economists polled by Refinitiv expect another sizable jobs gain in Friday's November employment report — 550,000 positions. If that holds true, it would be the biggest monthly gain since July, when more than a million jobs were added.
But even so, America's labor market is still not back to its pre-pandemic strength. If the forecasts are right, the nation would still be down more than 3.5 million jobs compared to February 2020.
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.