The healthcare sector was hit the hardest , while tariff-exposed sectors remained stagnant .
The healthcare sector was hit the hardest while tariff expose sectors remained stagnant
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The United States economy unexpectedly lost 92,000 jobs in February, and the unemployment rate ticked up to 4.4 percent, marking the sixth contraction of the US job market of the Trump administration.
The February jobs report was released by the US Labor Department on Friday.
The contraction came as a surprise with payrolls down in nearly every sector.
The world's largest economy shed 92,000 jobs in February and unemployment edged up to 4.4%, according to official data released…
Unemployment rate rises to 4.6 percent as job cuts hit federal workers and manufacturing sector.
Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump’s tariffs, among other things.
The job market had been expected to rebound this year from a lackluster 2025.
Economists suggest the smaller gains show employers are increasingly wary of Trump’s tariff-driven economic policies.
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