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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