File this in the “you never know what can happen” category.
Until March, America’s economy was booming, unemployment was at a 50-year low, and company hiring managers were lamenting about the lack of talent available to fill their open positions. All told, U.S. employers added jobs for a record 113 straight months, helping payrolls grow by 22 million.
But the weeks that followed were surprising even to economists. Unemployment claims surged by the millions in the week ending March 21, with more on the way.
