Jobs And War: The Fed Needs To Ease

2026-03-11 00:30:00 ET

The February jobs report was a lot weaker than expected (-92K vs an expected +130K). But viewed from a broader perspective, it's just more of the same slower growth that we have seen over the past year. Jobs numbers are notoriously volatile to begin with, and on top of that, in February, most of the country was hit by a huge winter storm, while a nursing strike resulted in a loss of 28K health care jobs....

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