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Apr 6, 2018

04/06/2018: What the weather in February has to do with the March jobs report

(Markets Edition) The March jobs report is officially out, revealing that the economy added a little over 100,000 jobs. That’s much lower than what forecasters were expecting, so what gives? We’ll have to look back at the February jobs report to give us some clues, and an important one has to do with the weather. Afterwards, we’ll talk to Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, about what the ongoing U.S.-China trade battle means for the American economy. 

Job seekers use computers to fill out applications during a job fair at California's Great America theme park on February 6, 2015 in Santa Clara, California.
Job seekers use computers to fill out applications during a job fair at California's Great America theme park on February 6, 2015 in Santa Clara, California.
Justin Sullivan/Getty Images

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(Markets Edition) The March jobs report is officially out, revealing that the economy added a little over 100,000 jobs. That’s much lower than what forecasters were expecting, so what gives? We’ll have to look back at the February jobs report to give us some clues, and an important one has to do with the weather. Afterwards, we’ll talk to Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, about what the ongoing U.S.-China trade battle means for the American economy.