Evening Edition: More Job Growth In February As Hiring Remains Hot
The Fox News Rundown
FOX News Podcasts
3.4 • 1.7K Ratings
🗓️ 10 March 2023
⏱️ 13 minutes
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| 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, |
... |
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