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US economy shed 92,000 jobs in February, well below expectations

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1 week ago

The U.S. economy shed jobs unexpectedly in February as employers pulled back to start 2026 amid economic uncertainty.The Labor Department on Wednesday reported that employers shed 92,000 jobs in February. That figure was well below the expectations of economists polled by LSEG, who estimated the economy would add 59,000 jobs.The unemployment rate was 4.4%, slightly higher than economists' expectations of 4.3%.Revisions were made to the payroll numbers for the prior two months, with December's report revised down by 65,000 jobs from a gain of 48,000 to a loss of 17,000, and January's report rev...

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1 week ago
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