US loses 92,000 jobs in February, falling far short of expected gain
The U.S. lost 92,000 jobs in February and the jobless rate rose to 4.4 percent, according to data released Friday by the Bureau of Labor Statistics (BLS).The Februrary jobs report showed the U.S. labor market rapidly losing steam last month, defying the expectations of experts. Economists expected the U.S. to have gained roughly 60,000 jobs in February with an unemployment rate of 4.4 percent, according to consensus estimates.
BLS also issued troubling revisions to previous jobs reports, bringing the total number of jobs gained since December down by 69,000.
The agency revised December 2025’s intitially reported gain of 48,000 jobs to a loss of 17,000 jobs, and cut down the 130,000-job gain intitally reported in January to 126,000.
US loses 92,000 jobs in February, falling far short of expected gain
The U.S. lost 92,000 jobs in February and the jobless rate rose to 4.4 percent, according to data released Friday by the Bureau of Labor Statistics (BLS). The Februrary jobs report showed the U.S. …
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