New figures by the Labor Ministry show that economic recovery is leading to a surge in new hires.

In a report released Tuesday, the ministry said companies with more than five full-time workers plan to hire 296-thousand employees from April to September.

This is up 24-point-two percent from the same six months last year and translates to an increase of 58-thousand.

This would be the largest growth in hires for the second and third quarter period since 2018 when 314-thousand people landed jobs.

Experts say the latest growth is attributed to an improving economy after the outbreak of the pandemic.