Why US hiring could rebound faster than you might expect

  • Construction workers talk at a USA Properties Fund site, Tuesday, Feb. 2, 2021, in Simi Valley, Calif. Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget Office forecast that employment won’t regain its pre-pandemic level until 2024. (AP Photo/Mark J. Terrill)

WASHINGTON — Hiring has weakened for six consecutive months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget Office forecast that employment won’t regain its pre-pandemic level until 2024.