United States lost 92,000 jobs in February and unemployment rose to 4.4%
Workers work on a construction site in New York (USA). Photo: EFE/Justin Lane
TL;DR
- US employment dropped by 92,000 in February, contrary to economists' expectations.
- The unemployment rate rose to 4.4% from 4.3% the previous month.
- Job losses were concentrated in the healthcare sector due to strikes.
- Employment in information and federal government sectors also declined.
- The data raises concerns about a potential cooling of the labor market.
- These figures might encourage the Federal Reserve to consider interest rate cuts.