Jobs Report Is Steady, but Impact of Federal Cutbacks and Tariffs Looms

In February, U.S. employers added 151,000 jobs, extending a streak of growth, while the unemployment rate rose slightly to 4.1 percent. Federal employment declined, with more layoffs expected to impact future reports. The Trump administration’s policies, including tariffs and federal job cuts, may slow economic growth, leading to uncertainty among businesses and potential job losses.

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