Jobs report explained, Trump's letter to Iran, student debt uncertainty & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 7 March 2025
⏱️ 6 minutes
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| 0:31.3 | From CNN, I'm Aaron Matheson with the five things you need to know for Friday, March 7th. |
| 0:37.3 | While job cuts are looming, the U.S. job market was pretty solid in President Donald Trump's first full month in office. |
| 0:43.3 | Data from the Bureau of Labor Statistics showed 151,000 positions were added, |
| 0:49.3 | which was slightly less than predicted, but way above January. |
| 0:52.3 | We asked CNN's Alicia Wallace what the figures say about Trump's start. |
| 0:57.3 | Well, Aaron, the February jobs report shows a pretty solid and stable labor market, but one that's |
| 1:01.7 | also softer. |
| 1:03.1 | The jobless rate ticked up, labor first participation dropped, and folks are seeing their hours |
| 1:07.5 | reduced or just having a harder time finding full-time work. |
| 1:11.3 | Now, these aren't falling off a cliff type of signals. However, the political and economic backdrop |
| 1:16.3 | sure do add concern. The administration's massive moves from federal layoffs to spending cuts, |
| 1:22.2 | to tariffs, to deportations, you name it. They're shaking confidence, tripping economic data |
| 1:27.1 | warning signals, |
| 1:28.0 | and causing businesses to pull back on hiring or worse, cutting jobs. As one economist put it |
| 1:34.0 | Friday, the job's report is either, quote, the calm before the calm or the calm before the storm. |
| 1:40.3 | President Donald Trump is being accused of having, quote, blatant double standards. |
| 1:45.0 | That's coming from a senior Hamas figure after Trump demanded the release of hostages still held in Gaza. |
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