US lost 92,000 jobs in February just before Trump joined Iran conflict
The Guardian • • general
Key Points:
- The US lost 92,000 jobs in February, an unexpected decline that contrasts with economists' predictions of 60,000 job gains and comes after a strong January job report that was later revised down.
- The unemployment rate rose slightly to 4.4% in February, with significant job losses in healthcare, information, transportation, and federal government sectors, partly due to strike activity and ongoing federal employment declines.
- Job growth in 2025 has been the weakest since the Covid pandemic, with a total of 181,000 jobs added, concentrated in the first half of the year, while the latter half saw a net loss of 45,000 jobs.
- The Black unemployment rate remains notably higher than the national average
