Latest jobs report reveals post-Covid economy’s long climb

Latest jobs report reveals post-Covid economy's long climb

WASHINGTON — Friday brought some welcome employment news, with the economy adding roughly 560,000 new jobs in May, knocking the unemployment rate below 6 percent. Combined with the latest news about falling Covid-19 cases and increasing numbers of Americans getting vaccinated, many analysts are hoping for an economic boom this summer as a full reopening draws nearer.

But it might not be that simple. There are signs that a broader shift might be remaking the economy in ways that make it harder to see the road ahead.

Let’s start with this week’s job numbers. They were clearly a good sign overall. […]

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