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Weather and strikes weigh on February US jobs
US non-Farm payrolls FELL 92k in February versus the +55k consensus and there were a net 69k downward revisions to the previous two months (January 2026 and December 2025). The unemployment rate has risen to 4.4% from 4.3% while January retail sales fell 0.2% month-on-month versus the 0.3% drop that was expected. This is clearly not a good set of numbers, but the weather almost certainly played a significant role here. The week the data for January was collected was relatively warm in what was a very cold month and that helped boost construction numbers as sites remained open (+48k). In contrast, February was filled ... (full story)
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Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health care decreased, reflecting strike activity. Employment in information and federal government continued to trend down. This news release presents statistics from ...
The US lost 92,000 jobs in February, a major slackening in the labor market that came just before Donald Trump threw the global economy into upheaval with his conflict in Iran. The unemployment rate edged up to 4.4% in February. In comparison, the US added 130,000 jobs in January, far surpassing expectations of 70,000 jobs but still 13,000 less than January ...
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