economy
March 6, 2026
US lost 92,000 jobs in February just before Trump joined Iran conflict
The unemployment rate was 4.4% in February, with 130,000 jobs added in January
TL;DR
- The US lost 92,000 jobs in February, and the unemployment rate rose to 4.4%.
- January saw a revised 126,000 jobs added, a decrease from previous estimates.
- 2025 has seen the weakest job growth since Covid, with net job losses in the second half of the year.
- Job losses were widespread, affecting healthcare, information, transportation, warehousing, and federal government employment.
- The Black unemployment rate remains high, increasing from 6.2% to 7.7% between January and February 2025.
- Job market struggles are attributed to companies being cautious and layoffs occurring across industries.
- The February jobs data precedes the economic impact of the US conflict with Iran.
- The Federal Reserve will consider the February jobs report in its upcoming meeting on interest rates.
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