US unemployment rises to 4.4% as the economy loses 92,000 jobs in February. Weak hiring, sector job cuts, and slowing labour growth signal a cooling US labour market.
US job losses in February reached 92,000 with the unemployment rate climbing to 4.4%, casting doubt on labor market recovery.
Nearly 3.3 million Americans applied for unemployment benefits last week - almost five times the previous record set in 1982 - amid a widespread economic shutdown caused by the coronavirus. The surge ...
US employers unexpectedly cut jobs in February and the unemployment rate rose, pointing to lingering fragility in a labor market that was thought to be stabilizing.
Hiring in December was muted, though the unemployment rate inched down – a soft end to the 2025 labor market that revealed underlying signs of strain. US employers added 50,000 jobs in December – a ...
There's a risk that rising job losses from AI will cause prices to fall as more Americans tighten their spending, according to a new Citi note.
The first jobs report fully under the new Trump administration showed a softening job market, with the unemployment rate ticking up to 4.1% in February, according to Bureau of Labor Statistics figures ...
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