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CNN 5 Things

Jobs report explained, Trump's letter to Iran, student debt uncertainty & more

CNN 5 Things

CNN

News, Daily News

3.71.3K Ratings

🗓️ 7 March 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

We’ll start with a look at what the latest jobs report says about Donald Trump’s first full month in office. The President says he’s written to Iran’s leader about making a nuclear deal. The future of the Education Department is raising concerns about student debt. Russia is making some big gains in its war against Ukraine. Plus, we’ll tell you which Democrat governor has strayed from the party’s usual stance on transgender athletes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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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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