Will the Smokestack Slump Spread?

The manufacturing sector lost another 94,000 jobs in February. The broader economy may not remain immune to the weakness

Nonfarm payrolls increased 135,000 in February, while the unemployment rate held at 4.2%. The workweek fell to 34.2 hours from January's 34.3 hours, while hourly earnings rose a stronger than expected 0.5%, which left earnings on a non-seasonally adjusted basis rising at a 4.2% rate.

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