In February, U.S. employers added a total of 151,000 jobs, a rise from the 125,000 in January, yet the unemployment rate edged up to 4.1%. While growth was seen in sectors like healthcare and finance, federal job reductions raised concerns, with 10,000 federal positions cut. Economists worry about potential impacts of proposed trade wars and deportations under President Trump's administration. Despite high interest rates and inflation concerns, the job market has remained resilient, showing that consumer spending and labor influx have helped stabilize the economy.
"The solid February jobs report shows that the economy remains healthy, but fears of what could come next are likely to overshadow the positive news from today's release."
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