
Nick Andriacchi
1 day ago4 min read
February Job Market Cooled
Hiring weakened, with notable declines in healthcare (partly strike-related), information, and government According to the BLS, the labor market lost jobs and ADP reported a net gain . Is this a one-month blip or a sign of a trend. The labor market seems to be in a “low hire, low fire” mode where companies aren’t aggressively hiring, but they’re also not broadly laying people off. Payrolls: −92,000 (a surprise contraction) Unemployment rate: 4.4% (slightly up from 4.3%)




















