America's coronavirus outbreak hasn't hurt its job market just yet.
The U.S. economy beat expectations to add 273,000 jobs in February, even as COVID-19 raised concerns of an economic slowdown. The stock market saw a massive decline at the end of the month, but the unemployment rate still fell slightly from 3.6 to 3.5 percent, the Labor Department reported Friday.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Trump leaves G7 early, warns Tehran to evacuateSpeed Read Trump claimed to have left the summit due to ongoing issues in the Middle East
-
June 17 editorial cartoonsCartoons Tuesday's political cartoons include a delay in the Artificial Intelligence invasion, 'No Kings' at the G7 Summit, and an 'arrest' of Gavin Newsom
-
The best podcasts for bookwormsThe Week Recommends From reading list recommendations to author interviews these literary listens are perfect for bibliophiles
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff displaySpeed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
