February payrolls tumble as U.S. labor market cools, 92,000 jobs lost
TL;DR Summary
The U.S. labor market weakened in February, with payrolls down 92,000 and the unemployment rate at 4.4%. This marks the worst job loss since October and comes after downward revisions to December and January gains. Health care shed 28,000 jobs largely due to strikes, signaling a cooling labor market and potential shifts in expectations for future policy actions.
Topics:business#bureau-of-labor-statistics#economy#february-2026#jobs-data#labor-market#unemployment-rate-44percent
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- Rice economic expert fears the latest jobs report shows the economy is heading off a cliff ABC13 Houston
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