The unemployment rate remained constant at 6.7%, marking the first month in which the rate did not improve in seven months.
The US economy is still declining with 9.8 million jobs since February.
Workers who have lost their jobs through no fault of their own still need the help of the government to make ends meet. And while the stimulus package that was signed into law in the last week of 2020 is expanding and expanding benefits for the unemployed, it probably remains to be done.
The Senate’s Democratic move, which provides both the White House and Congress with the party, has paved the way for a swift implementation of President Joe Biden’s economic agenda, which is likely to include more short-term incentives. Biden also plans to invest dollars in the infrastructure and clean energy industries to create millions of jobs in the medium and long term.
This is a developing story. It will be updated.