Jobs report, Gap's weather problem, a new tariff lawsuit and more in Morning Squawk

Labor Market Insights - February's jobs report is anticipated to show an increase of 50,000 positions, with the unemployment rate expected to remain steady at 4.3% [2] - The labor market has been described as "stable," but concerns arise as growth has been primarily driven by the health care sector, leading to questions about the overall job market health [3] Retail Sector Performance - Gap Inc. reported a decline in performance during the holiday quarter due to historic storms and related store closures, resulting in a share price drop of over 8% in premarket trading [5] - Costco exceeded expectations in both revenue and earnings, indicating strong performance despite external challenges [6] Legal and Regulatory Developments - Attorneys general from two dozen states are pursuing legal action against the Trump administration to block newly announced global tariffs, claiming misuse of the Trade Act [8] - The administration plans to defend these tariffs vigorously in court, highlighting ongoing tensions regarding trade policies [8]