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Alex Ossola

👤 Speaker
6346 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Stocks Slide After Weak February Jobs Report

In an unexpected downturn, the U.S.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

lost 92,000 jobs in February.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

Plus, President Trump's new pick to head the Department of Homeland Security is a signal that the president doesn't plan to back off his signature immigration tactics.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

And Trump calls for Iran's, quote, unconditional surrender.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

It's Friday, March 6th.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

I'm Alex Osola for The Wall Street Journal.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

This is the p.m.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

edition of What's News, the top headlines and business stories that move the world today.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

The Labor Department today reported that the U.S.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

lost 92,000 jobs in February.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

It's a significant downturn from January's gain of 126,000 jobs.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

And it's also worse than the 50,000 jobs the economy was expected to add last month.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

And one more number, the unemployment rate rose slightly to 4.4 percent.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

For more on these numbers, I'm joined now by WSJ economics reporter Justin Lehart.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

Justin, health care jobs in particular have propped up the labor market for some time now.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

In February, the health care and social assistance sector lost more than 18,000 jobs.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

What happened there?

WSJ What’s News
Stocks Slide After Weak February Jobs Report

The unemployment rate caught my eye because that's kind of been creeping up steadily over the past few years.

WSJ What’s News
Stocks Slide After Weak February Jobs Report

What does that tell us about the strength of the labor market?

WSJ What’s News
Stocks Slide After Weak February Jobs Report

The Fed has to watch the jobs market and also take into account what happens with inflation.

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