Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
Earlier data had pointed to a turnaround for the labor market.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.
By Lucia Mutikani WASHINGTON, March 6 (Reuters) - The U.S. economy unexpectedly lost jobs in February and the unemployment ...
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Pivotal February jobs report likely to show less hiring — but the unemployment rate is crucial
An increase of about 50,000 in February would be seen as another sign the labor market is thawing.
Around 7.6 million people were unemployed in September 2025, raising the unemployment rate to a four-year high of 4.4%. This is based on the monthly employment situation report by the Bureau of Labor ...
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US economy adds 215,000 jobs in February; unemployment rate holds steady at 3.8%
The U.S. labor market showed continued resilience in February, adding 215,000 jobs as the unemployment rate remained stable at 3.8%, according to the BLS.
President Donald Trump has criticized earlier job reports that featured downward revisions.
The U.S. economy shed 92,000 jobs in February, a number that will raise alarms about the state of the economy.
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