Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
The economy is showing signs of slowing as the Iran war quickly pushes up gas prices.
Daly told CNBC on Friday that the weak February jobs report adds to a difficult policymaking environment.
Elites should stop assuming that the barriers to progress are the same from Brazil to Bangladesh, writes Alice Evans
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The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
The Iran war and the U.S. attack in Venezuela show a Trump administration more willing to eschew diplomacy and take military action.
Our weekly podcast on democracy in America. This week, we consider what would be a good outcome to the war
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The contraction came as a surprise with payrolls down in nearly every sector.
“Mr Nobody Against Putin” takes on patriotism, propaganda and the limits of sympathy
It is the latest country to curb young people's access to digital spaces to try and protect them from abuse.