Source: NPR - Link
Hiring accelerated last month as U.S. employers added 916,000 workers to their payrolls. It was the largest job gain since August, fueled in part by an improving public health outlook and a new round of $1,400 relief payments.
Turns out the “stimulus” payments were exactly that. Funny how increasing incomes at the lowest level is FAR MORE EFFECTIVE at stimulating the economy than cutting taxes. It’s all about demand.