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Up First from NPR

Jobs Report, White House Crypto Summit, Gaza Ceasefire Uncertainty

07 Mar 2025

Description

The Labor Department is expected to show a modest uptick in hiring as part of its monthly jobs report card, but layoffs could cast a chill over the job market in coming months. The White House meets with founders and investors in the crypto industry to discuss how to grow the sector. And, rival ceasefire plans create uncertainty in Gaza, the Trump administration is demanding Hamas release hostages immediately, while holding secret talks with the group.Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Today's episode of Up First was edited by Rafael Nam, Roberta Rampton, Russell Lewis, Alice Woelfle and Mohamad ElBardicy.It was produced by Ziad Buchh, Nia Dumas and Chris Thomas.We get engineering support from Neisha Heinis, our technical director is Stacey Abbott.And our Executive Producer is Jay Shaylor.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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Transcription

Full Episode

2.984 - 6.545 A. Martinez

We get a picture today of employment, a snapshot slightly out of date.

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6.645 - 14.428 Steve Inskeep

Future job reports will reflect federal job cuts and employers who paused as U.S. trade policy keeps changing. Where's the economy heading?

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14.628 - 24.955 A. Martinez

I'm Ian Martinez, that's Steve Inskeep, and this is a first from NPR News. The president takes an opportunity today to promote cryptocurrency.

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25.236 - 32.541 Donald Trump

Bitcoin has set multiple all-time record highs because everyone knows that I'm committed to making America the crypto capital.

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32.921 - 36.984 A. Martinez

Trump himself has invested in crypto, so how does he plan for the government to promote it?

37.064 - 50.314 Steve Inskeep

Also, why did Israel change its terms for extending a ceasefire in Gaza? With U.S. help, Israelis are pressing Hamas to accept a different deal and withholding food and fuel. Stay with us. We've got the news you need to start your day.

56.806 - 73.347 Advertisement

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76.081 - 100.11 Steve Inskeep

Employers added 151,000 jobs in February. That's according to today's jobs report from the Labor Department. And 151,000 is a fairly healthy number, although it does not reflect the economic turmoil of the past several weeks. This is a snapshot of the economy, useful but ever so slightly out of date. NPR's Scott Horsley is here. Good morning, Scott. Good morning, Steve.

100.13 - 103.011 Steve Inskeep

So what is in and what is out of this snapshot?

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