Sabri Beneshour

Is there a point at which spending like this pushes up the cost of borrowing for the United States government?

Kent Smetters, professor at the University of Pennsylvania's Wharton School and head of the Penn Wharton Budget Model.

Thank you so much.

Moltbook is a social network where AI agents can chat, a lot like people do on Facebook, and it is becoming a part of Facebook's parent meta.

Marketplace's Nancy Marshall-Genzer has more on that.

From APM, American Public Media.

We've got a fresh glimpse into the job market from Marketplace.

I'm Sabri Beneshour, in for David Bruncaccio.

ADP is a payroll processor, so they have a firsthand view onto who is hiring and who is firing, and they tally that up each month, and the early results are in.

They estimate the economy added 63,000 jobs in February.

Lauren Seidel Baker is an economist at New Hampshire-based ITR Economics and is here to talk about it.

Good morning.

Good morning.

So the ADP Employment Report says we got 63,000 jobs last month.

This is, you know, just the perspective of one payroll processor, a big one, but it's not the official jobs report.

Nevertheless, what is the story about the labor market this is telling?

Things were really looking kind of gloomy late last year.

Where do you think things are headed this year?

Last year, the story was all about just a few industries.

Healthcare was doing a lot of work, creating work for people.