Feb. jobs report shock: 92,000 payroll losses vs. 55,000 expected gain

Feb. jobs report shock: 92,000 payroll losses vs. 55,000 expected gain

1 Video View·Mar 7, 2026

The US labor market shrunk by 92,000 non-farm payroll jobs in February, as reported by the Bureau of Labor Statistics (BLS), well below economist estimates of an addition of 55,000. The unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Our panel breaks down what you need to know.