good morning. breathe it in deep. the weekend is here. and welcome to cnn this morning. i m boris sanchez. is and i m paula reid. boris, it s great to be with you. we appreciate you getting up bright and early. amara is skiing somewhere in europe. here s a look at what we re watching this morning. overall we created more jobs in two years than any administration created in the first four years. president biden taking a victory lap following a strong jobs report. where we re seeing those jobs. plus a stunning free falls that led to the second largest bank collapse in u.s. history. and testing the waters. presidential hopefuls sworm iowa this week as the gop race heats up. we have new reporting about when ron desantis might announce that he s running. i looked on the ground and it was flooded. he seems to be in a smiling mood for a natural disaster. california soaked by the another round of storms. those atmospheric rivers washing out roads, collapsing bridges and
tech startups are scrambling after the sudden collapse of this bank. it s the second largest failure of a financial institution in u.s. history. and the shutdown caused a bit of a panic on wall street friday that sent is u.s. marketing tumbling. president biden says the u.s. economy remains resilient and touted february s better than expected jobs report as proof that his economic policies are working. cnn chief business correspondent christine romans has more on the latest job numbers. another strong month of hiring in american offices, malls, restaurants, hotels and construction sites. despite headlines of layoffs, employers added workers at a brisk pace cooling from january s huge half a million jobs, but still historically strong. the tight jobs market bringing buger paycheck, average earnings up 4.6%. economists and fed officials