LeadStory

Fox News

U.S. employers cut 92,000 jobs, unemployment slightly higher at 4.4%

Fox News · 27 days ago
Fox News
Fox News
27 days ago

The Labor Department's Bureau of Labor Statistics (BLS) jobs report released Friday shows American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate rose to 4.4%.

Breakdown
  • U.S. lost 92,000 jobs in February; unemployment rose to 4.4% 3s
  • Dow expected to drop over 600 points after weak jobs data 12s
  • Five straight months of workforce reductions, first since 2010 47s
  • Fed may consider a rate cut in response to higher unemployment 57s
  • AI-driven layoffs and daylight saving time may impact markets 1m 46s
StockmarketEconomyEmployment