As more people get Covid-19 vaccinations and the U.S. reopens, people may be wondering what they should do to get on track with their money during an economic recovery.
There are signs that the economy is about to take off. Businesses across the U.S. are reopening as states loosen virus-related restrictions, and employers are hiring again.
In March, non-farm payrolls jumped by 916,00 and retail sales increased nearly 10% following the third round of stimulus payments. At the same time, last week’s jobless claims dipped to 576,000 — still a staggering number, but the lowest since the pandemic surge of layoffs began.
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