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US employers unexpectedly cut jobs in February and the unemployment rate rose, raising doubts about the health of the labor market. Nonfarm payrolls decreased 92,000 last month after a strong start to the year, according to Bureau of Labor Statistics data out Friday. The unemployment rate climbed to 4.4%. The decline in payrolls partly reflected a decrease in health care employment due to strike activity.
Bloomberg Surveillance broke the numbers and got instant reaction from:
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The former EU foreign policy chief Catherine Ashton said "it's hard to see how we get back to diplomacy" with Iran as the war continues. Ashton, who was a key negotiator in Iran's last nuclear deal, added that she believes European countries will come to a consensus on the conflict. She spoke to Stephen Carroll and Lizzy Burden on Bloomberg Daybreak Europe.
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Jamie Siminoff, Ring founder and chief inventor, discusses the growing role of AI in home security, highlighting Ring's new Super Bowl ad that features AI technology to help find lost pets. He speaks on "Bloomberg Open Interest."
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Federal Reserve Bank of Richmond President Tom Barkin says it's too soon to tell how policymakers will respond to the Iran war, but he says they are tracking the price of gasoline closely. He also says policy is modestly restrictive right now and we've seen "a couple months of relatively high inflation." He speaks to Bloomberg's Michael McKee in Richmond.
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Goldman Sachs Chair and CEO David Solomon says he is surprised by the benign reaction to the Iran attacks but doesn't see complacency in the markets during an interview with Haidi Stroud-Watts on "Bloomberg: The Asia Trade."
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Gabelli Funds Chairman & CEO Mario Gabelli joins Bloomberg's Norah Mulinda to discuss Paramount's next move following its finalized deal to acquire Warner Brothers Discovery.
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Former US Secretary of State Antony Blinken says an off-ramp with Iran will be governed by two factors: munitions and markets. In an interview with Bloomberg’s David Gura for the Big Take podcast, Blinken noted that a striking feature of this conflict is the extent to which Iran has involved its neighbors.
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Marathon Asset Management Chair and CEO Bruce Richards explains why he thinks highly-leveraged software default rates could surge and discusses where he is finding investment opportunities on "Bloomberg Open Interest."
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Federal Reserve Governor Stephen Miran says it's still appropriate to keep cutting interest rates despite the war in the Middle East. “I believe it’s appropriate to continue acting,” Miran said Wednesday on Bloomberg Surveillance.
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Alex Rodriguez, former MLB superstar slugger and A-Rod Corp chairman and CEO, discusses sports investing in 2026, progress on a new collective bargaining agreement in the MLB, and the latest episode of ‘The Deal’ podcast. He speaks with Bloomberg’s Carol Massar and Tim Stenovec from the Bloomberg Invest conference in New York City.
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