Fears of a potential U.S. economic recession are intensifying among consumers and CFOs, because growth scare is becoming the reality, no matter if you believe it.
The February jobs report was released and showed unemployment rate ticking up to 4.1% from 4.0%. The economy added 151,000 jobs during the month, below the 170,000 projected by economists.
Jobs report for February was weaker than expected, which is concerning because this report doesn’t account for the recent government job cuts from DOGE, so it suggests that businesses are taking a pause on hiring until there is more certainties about tariff policy and the economic outlook.10-year Treasury yield rises after weaker-than-expected jobs growth.
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