Home Depot customers walk by a posted “Now Hiring” sign in San Rafael, Calif., on March 8, 2024. Justin Sullivan/Getty Images
The long‑described stable but stagnant U.S. labor market showed signs of warming up in March, with hiring momentum continuing, according to new Bureau of Labor Statistics data released on May 5.
The number of hires rose by 655,000 from the previous month to 5.554 million. March’s reading was also above the 5.333 million registered the same time a year ago.
