March 7, 2026
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5:06Now PlayingThe February jobs report shows U.S. employers cut 92,000 jobs, well below the expectations of economists.
The unemployment rate was 4.4%, slightly higher than economists' expectations of 4.3%.
Revisions were made to the payroll numbers for the prior two months, with December's report revised down by 65,000 jobs from a gain of 48,000 to a loss of 17,000, and January's report revised down by 4,000 from a gain of 130,000 to 126,000.
Taken together, employment in December and January was 69,000 jobs lower than previously reported.
LiveNOW’s Austin Westfall discussed the February jobs report with Anna Rathbun, Founder & CEO of Grenadilla Advisory.
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