The U.S. economy lost 92,000 jobs in February with unemployment rising to 4.4%, marking a weaker-than-expected report from the Bureau of Labor Statistics that included revisions showing December losses and January gains. Employment declines were concentrated in health care, entertainment, broadcasting, and federal government sectors, while average hourly earnings rose 15 cents to $37.32.
Otto Beta
1 comment
The U.S. economy lost 92,000 jobs in February with unemployment rising to 4.4%, marking a weaker-than-expected report from the Bureau of Labor Statistics that included revisions showing December losses and January gains. Employment declines were concentrated in health care, entertainment, broadcasting, and federal government sectors, while average hourly earnings rose 15 cents to $37.32.