U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%
The labor market weakened as health care job losses from a strike and harsh weather contributed to a 92,000 payroll decline, while unemployment rose to 4.4%, the BLS reported.
- On March 6, the Bureau of Labor Statistics reported the United States economy shed 92,000 jobs in February, and the unemployment rate rose to 4.4%.
- Broader pressures such as tariffs, AI adoption, and high interest rates weighed on hiring, with construction losing 11,000 jobs last month and healthcare shedding 28,000 after a strike.
- The Labor Department's revisions showed private payroll measures dipped by 86,000 in February, trimmed 69,000 jobs from December and January payroll revisions, and average hourly earnings rose 15 cents to $37.32.
- Policymakers and markets reacted: the report could alter the Federal Reserve's calculus ahead of its March 17 meeting as market futures fell and crude oil spiked amid the Iran conflict.
- The report deepens a recent trend showing the three-month moving average fell to 6,000, with the breakeven hiring rate near zero to 50,000 jobs a month.
214 Articles
214 Articles
After positive January, latest job report shows losses again • Oklahoma Voice
Stock market numbers are displayed on the floor of the New York Stock Exchange during morning trading on March 6, 2026. All three major indexes continued to dip at opening as oil prices rose amid war with Iran and a weak jobs report. (Photo by Michael M. Santiago/Getty Images)WASHINGTON — The United States lost 92,000 jobs in February, edging unemployment up slightly according to the latest employment figures released Friday by the Bureau of Lab…
The US labour market lost 92,000 jobs in February. If the government wants to be reassuring, economists are worried about a possible recession.
U.S. economy loses jobs in February; jobless rate rises to 4.4% | Honolulu Star-Advertiser
WASHINGTON >> The U.S. economy unexpectedly lost jobs in February and the unemployment rate increased to 4.4%, potentially hinting at a deterioration in labor market conditions that could put the Federal Reserve in a difficult spot amid rising oil prices.
After positive January, latest job report shows losses again
Stock market numbers are displayed on the floor of the New York Stock Exchange during morning trading on March 6, 2026. All three major indexes continued to dip at opening as oil prices rose amid war with Iran and a weak jobs report. (Photo by Michael M. Santiago/Getty Images)WASHINGTON — The United States lost 92,000 jobs in February, edging unemployment up slightly according to the latest employment figures released Friday by the Bureau of Lab…
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