US Employers Cut A Surprising 92,000 Jobs Last Month As Unemployment Rate Rises To 4.4%
Business
The job market had been expected to rebound this year from a lackluster 2025. WASHINGTON (AP) — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain . The unemployment rate blipped up to 4.4%. The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. Economists had expected 60,000 new jobs in February. Revisions also cut 69,000 jobs from
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