The US labor market shrunk by 92,000 non-farm payroll jobs in February, as reported by the Bureau of Labor Statistics (BLS), well below economist estimates of an addition of 55,000. Additionally, the unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year.
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Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland break down the latest economic data.
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