Unexpectedly Weak Jobs Report Reveals Spike in Unemployment

Unexpectedly Weak Jobs Report Reveals Spike in Unemployment

The U.S. economy lost 92,000 jobs and unemployment rose 4.4 percent in February, the Bureau of Labor Statistics reported Friday, a dismal economic showing for an economy that was already on shaky ground. “Let me put this another way: The US economy has LOST jobs since April 2025. Total job gains since from May 2025 to February 2026 are now -19,000,” Navy Federal chief economist Heather Long wrote. “Companies are not hiring in the face of all of these headwinds and uncertainty. And even healthcar...

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