The Big Money Show Panel doubled Dogge as to what you did the email last week.
The US economy added a slower jobs in February to the expectation, with the Federal Reserve asked to consider more labor market figures as it is ready to meet at the end of this month.
Labor department said on Friday that employer Added 151,000 jobs In February, below the estimate of 160,000 jobs made by LSEG economists.
Unemployment rate It was 4.1%, slightly higher than the expectations of economists that it would remain at 4%.
The number of jobs added in the previous two months was revised, 16,000 was revised in December with a profit of 307,000 to 323,000 with employment generation; Whereas on January, 18,000 was revised from a profit of 143,000 to 125,000. Together, amendments reduce the employment already reported by 2,000 jobs.
US job cuts 245% in February on sorting of federal government
Private sector parole added 140,000 jobs in February, which was slightly lower than the estimated 142,000 estimated by LSEG economists.
Federal government’s employment declined 10,000 jobs in February as Government Efficiency Department (DOGE), under which led by which Elon MuskStarted cutting.
Early across the government’s levels, employment increased by 11,000 in February – the state governments included 1,000 jobs and 20,000 jobs to local governments, which exceeds the compensation of federal job loss.
Manufacturing added 10,000 jobs in February, above an estimate of 5,000 profit from LSEG economists.
Health care Last month 52,000 jobs were added, in line with an average monthly profit of about 54,000 in the last 12 months. The development ambulance was operated by Health Care Services (+25,600), hospitals (+14,900) and nursing and residential care facilities (+11,500).
Employment in financial activities increased by 21,000 – above an average profit of 5,000 as compared to the previous year. The development was in real estate, rent and lease (+9,900) and insurance (+5,100), while commercial banking shed some jobs (-4,700).
According to the Labor Department, the US economy added less than expected jobs in February. (Leonardo Munoz / ViewPress / Getty Images)
Transport and Warehousing Employment in February was in 17,800 jobs, with an increase in jobs between courier and messenger (+23,500) and air transport (+3,500).
Social assistance added 11,100 jobs-with most benefits in slower and family services (+10,000) at an average of 12 months.
Retail area In February, 6,300 jobs and employment in this area have been shown very little change in the last one year.
The participation of the labor force in February was 62.4%, which had changed slightly since last year and fell slightly by 62.6% reported in January.
Dog is getting away from thousands: What will be the effect with unemployment and economy?
The number of people considered long-term unemployed, defined as unemployed for 27 weeks or more, was 1.5 million in February-a slightly higher than the last month reported. For a long time, all unemployed were responsible for 20.9% of all unemployed people.
In February, due to economic reasons, the number of workers increased to 460,000 to 4.9 million. These workers would have preferred full -time work, but part -time work as their hours were short, or they could not get full -time jobs.
In February, many Jobholders increased by 96,000 and represented 5.4% of the labor force, a level that has changed slightly compared to the previous year.
Fed Chair Jerome Powell said that after the previous meeting of policy makers that “situations in the labor market are broadly in balance.” (Alex Wong / Getty Image / Getty Images)
February comes as Jobs Report federal Reserve Preparing for its next policy meeting on March 18–19, the Central Bank has expected to stabilize the interest rates again amid inflation and uncertainty on labor market health.
“Fed is in a pickle,” said Bill Adams, Chief Economist of Commerica Bank. “On the one hand, the increase in slow job and rising unemployment are arguments for a cut in a rate. On the other hand, there are arguments against inflation policies such as tariffs and immigration restrictions.”
Adams said, “What to do!
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Market expectations that Fed would abandon unchanged rates this month, the February was reinforced by Jobs Report.
A week ago, the market left the 92% probability of the fed to the benchmark Federal Fund rate from 4.25% to 4.5%, according to the CME Fedwatch Tool, according to the CME Fedwatch Tool. The tariff was submerged by 88% yesterday amid uncertainty, although it rose to 97% on Friday after releasing the job report.
