A new jobs report is expected to show a rise in hiring for some sectors. CBS News business analyst Jill Schlesinger explains.
Breakdown
- ADP reports 63,000 new private sector jobs, led by health care 31s
- Manufacturing sees job losses; construction gains are weather-related 1m 2s
- Economy described as 'no hire, no fire' with steady employment 1m 33s
- Most employers not replacing workers with AI, except in software 2m 38s
- Unemployment steady at 4.3%, wages rising faster than inflation 3m 48s