The U.S. just unexpectedly lost 92,000 jobs. Here’s how that could affect Fed interest rates, gas prices, and the Iran war
The latest U.S. jobs report is out and it isn’t pretty. The economy lost 92,000 jobs in February, missing expectations, as unemployment rose to 4.4%, according to data from the Labor Department. Economists had expected 60,000 new jobs in February. “The headline number is bad and after you dig into the details, it isn’t much better,” Appcast chief economist Andrew Flowers told Fast Company. “The shocking decline in employment in February was surely affected by a healthc...
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