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PBS News Hour

News Wrap: U.S. economy stays strong despite global slowdown

Season 2016 | 5m 14s

In our news wrap Friday, despite global economic slowdown, the U.S. economy added 242,000 jobs in February and kept unemployment steady at 4.9 percent, numbers President Obama said prove his detractors wrong. Also, Beijing announced that it will increase its defense budget by seven to eight percent this year, the slowest pace in more than half a decade, due to waning growth in the Chinese economy.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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