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Podcast: Balance of Power
Episode: US Job Market Softens in February With Higher Unemployment, Moderate Hiring
Description: Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US job growth steadied last month while the unemployment rate rose β a mixed snapshot of a job market hanging in the balance of quickly changing government policy.Nonfarm payrolls increased 151,000 in February after a downward revision to the prior month, according to a Bureau of Labor Statistics report out Friday. The unemployment rate rose to 4.1%.Fridayβs report is the latest evidence that the labor market is softening, with more people permanently out of work, fewer workers on federal government payr...