Economics
U.S. Job Growth Quickens as Gain of 531,000 Outstrips Estimates
- Payrolls in prior two months revised up by nearly 250,000
- Hiring was broad-based, led by leisure and hospitality
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The U.S. labor market got back on track last month with a larger-than-forecast and broad-based payrolls gain, indicating greater progress filling millions of vacancies as the effects of the delta variant faded.