US jobs figures fall far short of expectations

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Employers hired 266,000 people last month, figures show, despite a $1.9tn stimulus package. …

“Today’s disappointing jobs numbers will heighten investor caution and raise concerns around the resilience of the US labour market – and to what extent the pace of the Covid-19 vaccination programme will boost economic activity and employment,” said Richard Flynn, UK managing director at Charles Schwab.

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