A report from the Labor Department Friday shows employers cut 92,000 jobs in February, when economists had expected the U.S. would continue adding jobs, albeit at a sluggish pace. The unemployment rate inched up to 4.4%.
The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy
https://www.npr.org/2026/03/06/nx-s1-5737603/jobs-labor-market-economy
9 Comments
Lexam@lemmy.world · 54 pts · 169d
"unexpectedly"
Eldritch@piefed.world · 30 pts · 169d
Yeah, was gonna say. For every one of Trump's moves this was the expected outcome.
pelespirit@sh.itjust.works · 24 pts · 169d
It has to be worse than this, right? They lie their asses off about this shit.
joekar1990@lemmy.world · 17 pts · 169d
I mean so far all the revisions have been down and I would expect Jan to shrink further. February's report revised down January's previous payrolls figure from 130,000 to 126,000. They also cut December’s figure from 50,000 jobs added to a contraction of 17,000.
KindnessisPunk@piefed.ca · 12 pts · 169d
Sorry, they don't measure the economy for people like you and I anymore. The economy, much like credit has been a measure of how well they're managing to exploit us.
We're just the cattle.
Mouselemming@sh.itjust.works · 3 pts · 169d
(people like me --> people like you and me)
And yes. Moo!
shittydwarf@sh.itjust.works · 11 pts · 169d
ianhclark510@lemmy.blahaj.zone · 9 pts · 169d
Is America great yet? Any day now China is going to start paying all them tarrifs
TomMasz@lemmy.world · 4 pts · 169d
Unexpectedly expected.