The February jobs report came in hotter than expected with 275,000 non-farm jobs added, but it also revealed an increase in the unemployment rate and stagnation in average hourly earnings year over year. RSM Chief Economist Joe Brusuelas and Citi Wealth Head of Investment Solutions Kristen Bitterly join Yahoo Finance to discuss how to interpret the results. Brusuelas lays out his characterization of the report: "I think we should characterize it as one of those goldilocks reports, where it's just right. When you net in the downward revisions from the past two months, total unemployment only increased by 108,000, that's it. Really that's just where you need to keep employment stable. If you are a central bank policymaker, that's what you want as further evidence that you are not going to see a risk if the economy overheats. Bitterly offers insight into how the data will inform the Fed's decision-making: "So there is a question about the quality of employment and I think that overall there is a little bit of softening. When we look at private sector employment and hiring, that's the lowest level that we've seen in quite some time. So I think it's giving the market what it wants and it's giving Chair Powell some path to actually that first cut being in June. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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