Instant Reaction: US Unexpectedly Sheds 92,000 Jobs in Latest Report

from Bloomberg Surveillance · host Bloomberg

US employers unexpectedly cut jobs in February and the unemployment rate rose, raising doubts about the health of the labor market. Nonfarm payrolls decreased 92,000 last month after a strong start to the year, according to Bureau of Labor Statistics data out Friday. The unemployment rate climbed to 4.4%. The decline in payrolls partly reflected a decrease in health care employment due to strike activity. Bloomberg Surveillance broke the numbers and got instant reaction from: Claudia Sahm, Chief Economist at New Century Advisors Nadia Lovell, Head of Global Equity Strategy at UBS Global Wealth Management Jennifer Lee, Senior Economist at BMO Capital Markets See omnystudio.com/listener for privacy information.

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This episode was published on March 6, 2026.

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