US loses 92,000 jobs in February, falling far short of expected gain

US loses 92,000 jobs in February, falling far short of expected gain

The U.S. lost 92,000 jobs in February and the jobless rate rose to 4.4 percent, according to data released Friday by the Bureau of Labor Statistics (BLS). The Februrary jobs report showed the U.S. labor market rapidly losing steam last month, defying the expectations of experts. Economists expected the U.S. to have gained roughly 60,000…

📰 Original Source

Read full article at Thehill →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.