economy

March 6, 2026

More and More Unemployed Americans

The American economy unexpectedly lost 92,000 jobs in February, and the unemployment rate rose from 4.3% in January to 4.4%, according to data released today by the U.S. Bureau of Labor Statistics (BLS).

More and More Unemployed Americans

TL;DR

  • The U.S. economy lost 92,000 jobs in February.
  • The unemployment rate increased from 4.3% to 4.4%.
  • Economists had predicted the creation of 60,000 new jobs.
  • The private sector added an average of 18,000 jobs per month in the last three months.
  • Manufacturing lost 12,000 jobs, and healthcare lost 28,000 jobs in February.
  • Federal government employment decreased by about 10,000 workers in February.
  • Federal employment has dropped by approximately 11% since October 2024.
  • The latest data could prompt the Federal Reserve to consider cutting interest rates.

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