SPY News: February jobs report is expected to show hiring uptick, unemployment rate holding steady - 7th Mar 2025, 7:51am

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The February jobs report is expected to show hiring picked up in February, while the unemployment rate held steady. This comes at a crucial moment for markets as stocks have recently been floundering amid fears about economic growth weakening in the US.

The Bureau of Labor Statistics' monthly jobs report is slated for release at 8:30 a.m. ET on Friday. Economists expect nonfarm payrolls to have risen by 160,000 in February, while the unemployment rate held steady at 4%, according to consensus e...

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