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Home > Power Lunch > Jobs Friday 3/8/24
Podcast: Power Lunch
Episode:

Jobs Friday 3/8/24
Category: Business
Duration: 00:42:36
Publish Date: 2024-03-08 20:31:33
Description:

Stocks have turned lower this afternoon as markets digest the jobs report. 275,000 jobs were added in February – which was more than expected. Wages ticked up, but less than forecasted. And the unemployment rate jumped to 3.9%. Looking at the weekly market numbers, the S&P 500 is the only of the major averages set to finish the week with a gain. Plus, Bitcoin is on pace to close out a strong week with a new record, crossing $70,000 for the first time ever.
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