Job growth in February may signal hiring boom as the economy reopens


Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, brings a take-out food order to an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021.

Paul Bersebach | Orange County Register via Getty Images

February’s surprisingly strong job growth signals that the economy could be at a pivot point and is about to enter a hiring boom.

The economy added 379,000 jobs, well above the 210,000 expected, with most of them in leisure and hospitality, the sector hardest hit when the economy abruptly shut down a year ago.

Economists say it would not be surprising to see multiple months now of job growth of at least 500,000.

Stock futures surged on the report, and bond…


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