Coronavirus Briefing What Happened Today

Economists say that the latest economic data is a turning point in the U. S. recovery. This is the Coronavirus Briefing, an informed guide to the pandemic. Sign up here to get this newsletter in your inbox. The C. D. C. said that vaccinated Americans could travel “at low risk to themselves” but should still take precautions. The U. K. reported more blood-clotting cases in people who received the AstraZeneca shot. Johnson & Johnson began testing its vaccine in adolescents. Get the latest updates here, as well as maps and vaccines in development. The United States today received the most significant sign of an economic turnaround since the pandemic devastated the economy a year ago. The Labor Department said that American employers added close to a million jobs in March, more than doubling the 416,000 jobs added the month before. The growth was powered by the leisure and hospitality industries as Americans return to restaurants and resorts, and by construction as the housing market heats up. While the economy has bounced back a few times since the beginning of the pandemic, economists say that the latest data is a turning point because it was the third month of accelerated hiring. The data was collected early in March, before many states broadened vaccine access and many Americans began receiving the $1,400 stimulus checks — meaning the near future looks even brighter. The virus still poses a risk, especially as the number of cases begins to tick up again, but few economists think it will cause the economy to backpedal. “This time is different, and that’s because of vaccines,” said Julia Pollak, a labor economist at the job site ZipRecruiter. “It’s real this time.”As the economic recovery gains steam, organizations are plotting what a return to the office may look like. Some have already recalled workers, while others promote their work-from-home policies, worried that if they don’t offer some flexibility, they’ll lose their best people. Many workers are anxious or panicked about going back — and perhaps never will. They argue that they don’t need to be elbow to elbow with colleagues to be productive and that working from home means less commuting, more time with family and fewer germs. Renewal in New York City. There are already signs of rebirth: Yankee Stadium welcomed fans yesterday, and some high-end hotels and iconic restaurants are opening. A full recovery is likely years away, however. A global boost. Global forecasters predict that the stimulus spending in the U. S. could help the economies of Europe and developing countries. As Americans buy more, they should spur trade and investment worldwide. My colleague Tara Parker-Pope, the founding editor of Well, recently asked readers to send in their questions about vaccinations. Here are some answers, condensed. Q: I’ve heard the Covid vaccine side effects, especially after the second dose, can be really bad.


All data is taken from the source: http://nytimes.com
Article Link: https://www.nytimes.com/2021/04/02/us/coronavirus-today-vaccines.html


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