meta_pixel
Tapesearch Logo
Log in
The Fox News Rundown

Evening Edition: More Job Growth In February As Hiring Remains Hot

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 10 March 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Today's job report shows the United States added over three hundred thousand jobs in February, down from the previous month, but still historically high. This, just days after Federal Reserve Chairman Jerome Powell warned interest rates will likely need to be higher for a little longer. FOX's John Saucier speaks with John Bussey, Associate Editor with the Wall Street Journal and FOX News Contributor, about the jobs report and what it says about our economy. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Dana Perino. I'm Brian Kilmeade. I'm Shannon Bream. And this is the Fox News rundown.

0:08.8

Friday, March 10th, 2023. I'm John Saasie. There are still a lot of factors in play right now in

0:15.9

the American economy. And a big one is employment. The February jobs report came out Friday morning,

0:21.6

showing the economy added 311,000 jobs last month. The jobs are out there, but so's the inflation.

0:28.3

The jobs number today probably reaffirmed what they were already seeing in spending and

0:33.6

other sectors of the economy. This is the Fox News rundown evening edition.

0:58.6

Regulated in the UK, profits may be subject to capital gains tax and the value of cryptocurrencies

1:03.1

can go down or up. President Biden busy this week talking about money. On Thursday, he rolled out

1:09.5

his budget for fiscal year 2024. Then Friday, he had a look at the February jobs report.

1:14.4

That means overall we've created more jobs in two years than any administration has

1:18.8

created the first four years. Encouraging numbers for job seekers, Friday, but what about investors,

1:23.5

consumers? This was 311,000 new jobs in February. That was down from January, which was

1:30.1

you know, 504,000 jobs. Huge numbers. We're speaking today with John Bussey, Fox News contributor,

1:37.0

associate editor of the Wall Street Journal. Yeah, but that's exactly right. That's the important

1:41.7

point. These are big numbers regardless. So January was a blowout month. And it got everybody

1:48.3

worried that you were going to see continued inflation with that kind of job growth. 311,000,

1:54.6

still a good number. But it moderated from January, which is probably a comforting sign to

2:01.3

the Fed and to Wall Street that it looks like some of the expected intention of the rate increases

2:09.1

we've seen over the last several months are beginning to take effect in certain sectors.

2:13.7

Not all. I mean, this is you saw a lot of job growth in places that got hammered by the pandemic,

2:20.2

restaurants, hospitals, nursing homes, you know, hospitality hotels. They were all hiring because

2:25.2

they've had a heck of a time getting back on their feet and finding enough workers since the pandemic,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from FOX News Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of FOX News Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.