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Keyword: trumpenomics

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  • Jobs report shocks with unexpected loss of 92,000 jobs in February as unemployment rate rises

    03/06/2026 7:44:19 AM PST · by lasereye · 49 replies
    Yahoo Finance ^ | March 6, 2026 | Emma Ockerman
    The US economy lost 92,000 jobs in February, Labor Department data released Friday showed, sharply missing economists' expectations and stalling the nascent hiring growth that started the year. The unemployment rate edged up to 4.4%, while the share of people who have been without work for 27 weeks or more as a percentage of all unemployed hit 25.3%. Economists surveyed by Bloomberg had anticipated 55,000 new positions after January's surprise print of 130,000 payrolls. Those gains were also revised lower by 4,000 positions, while December's previously reported addition of 48,000 jobs was updated to a loss of 17,000 — a...