The economy added 916,000 jobs in March, it will likely do even better in April. With the vaccination process moving rapidly, infection rates falling, and pandemic restrictions being relaxed almost everywhere, people are returning to their pre-pandemic lifestyles. This means going to stores and restaurants, taking vacations, and a return in-person schooling. We can expect to see large jumps in employment in hotel and restaurant sectors, retail, and state and local governments. A jump in employment that could exceed 1 million is likely to be associated with a drop in the unemployment rate of 0.3 to 0.4 percentage ... (full story)