U.S. Bureau of Labor Statistics

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Last mentioned: Mar 6, 2026

Stories mentioning U.S. Bureau of Labor Statistics 2

economy Bearish

U.S. Labor Market Sheds 92,000 Jobs as Unemployment Hits 4.4%

The U.S. economy experienced a sharp contraction in February, losing 92,000 jobs and pushing the unemployment rate to 4.4%. This unexpected downturn signals a potential cooling of the labor market that could force the Federal Reserve to reconsider its current interest rate trajectory.

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