Chapter
The Economy is Roaring Back
00:00 - 06:21 (06:21)
The US economy is showing signs of growth with the addition of 379,000 jobs in February, beating expectations by 200,000 and leading to a decrease in unemployment rates to 6.2%. The increase in interest rates due to inflation could lead to higher wages for employees but also potentially stunt growth in the stock market.
Clips
The US economy added 379,000 jobs in February, surpassing expectations by 200,000, with January gains also revised up to 166,000.
00:00 - 06:21 (06:21)
Inflation
Summary
The US economy added 379,000 jobs in February, surpassing expectations by 200,000, with January gains also revised up to 166,000. This is driving expectations of inflation and contributing to a bond sell-off, leading to higher interest rates and potential pricing concerns for stocks.