U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%

US loses a surprising 92,000 jobs in February

WASHINGTON — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.

Sluggish jobs report sees US economy shed 92,000 jobs, unemployment tick up to 4.4%

A disappointing February jobs report saw the United States economy lose 92,000 jobs in February, largely erasing job gains from January.

February Jobs Report: U.S. Sheds 92K Positions; Unemployment Hits 4.4%

Source: fizkes / Getty INDIANAPOLIS — The U.S. lost 92,000 jobs in February and the unemployment rate rose to 4.4%. That’s a sharp contrast to the estimated 50,000 loss. University of Indianapolis economist Dr. Matt Will suggests these numbers are the byproduct of “creative destruction,” a theory where old economic models wither away to make room for the new. Will argues that we are witnessing a transition from a traditional labor-heavy economy …

Jobs Drop by 92,000 in February After Good January Report

On Friday, the Joint Economic Committee released its Monthly Employment Update. According to the Committee, in February, 92,000 jobs were lost (-86K private sector, -6K government) after a stronger than expected showing in January. The unemployment rate ticked up slightly from 4.3 percent to 4.4 percent while the labor force participation rate dropped by 0.1...

U.S. economy unexpectedly sheds 92,000 jobs in February

The worse-than-expected report signals that the labor market is on weaker footing than previously believed.

US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%

WASHINGTON — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.