ADP says only 77,000 private jobs created in February due to ‘hiring hesitancy’ amid Trump tumult

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  Private employers added just 77,000 jobs in February, far below expectations, ADP says

  Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday.
  
  NBC News - 10h

• Private employers added just 77,000 jobs in February, far below expectations, ADP says

  Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown,
  
  CNBC - 10h
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  Apple announces plans to create 20,000 US jobs in pitch to Trump

  iPhone maker commits to building a facility in Houston at a time when it is vulnerable to new tariffs on China
  
  Financial Times - Feb. 24

• ‘Trump Bump’ in Stocks Faded in February Amid Economic Anxiety

  A bounce in the S&P 500 on Friday afternoon wasn’t enough to pull the index out of the red for the month.
  
  The New York Times - 5d
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  Only 1% of UK workers off sick find jobs within 6 months, report says

  Think-tank’s findings show need to change financial incentives to help ill and disabled people return to employment
  
  Financial Times - Feb. 25

• Federal worker fired by Trump administration talks about losing her dream job amid major cuts

  Katie Sandlin thought she landed her dream job at the NIH as an educator. She spent her life savings to move from Alabama to just outside Washington, D.C. After only a few weeks on the job, she was ...
  
  CBS News - Feb. 21
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  Private Payroll Growth Slides to Seven-Month Low in February

  Wage gains at private companies grew at the slowest rate since summer of 2024, and optimism about the job markets continues to dim.
  
  Inc. - 7h
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  Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy

  Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.
  
  ABC News - 6d

• Trump adviser says fired veterans may not be "fit to have a job at this moment"

  Counselor to the president Alina Habba said some veterans pushed out of their federal jobs may not want to come into work.
  
  CBS News - 1d

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• Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence

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• Palantir’s sharp stock drop just prompted one bear to abandon his stance

  Palantir’s stock trades at a “frothy” multiple, but one former critic says his view on valuation has evolved somewhat.
  
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More in Business

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 8m
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  Trump hands carmakers 1-month reprieve from tariffs

  Carve-out applies to companies operating through US-Mexico-Canada trade pact
  
  Financial Times - 8m

• Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

  Intel is viewed as “being left on the side of the road” by the Trump administration.
  
  MarketWatch - 57m

• Why ‘Trump Turmoil’ has made a U.S. recession much more likely

  Instead of rapid-fire trade deals, Trump has triggered a trade war.
  
  MarketWatch - 1h

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 1h