Economy Unexpectedly Sheds 92,000 Jobs as War Spurs Inflation Worries
Job losses hit multiple sectors as unemployment rises to 4.4%, while oil prices surge 29% amid Middle East conflict, impacting inflation and Fed policy expectations.
5 Articles
5 Articles
After positive January, latest job report shows losses again
Stock market numbers are displayed on the floor of the New York Stock Exchange during morning trading on March 6, 2026. All three major indexes continued to dip at opening as oil prices rose amid war with Iran and a weak jobs report. (Photo by Michael M. Santiago/Getty Images)WASHINGTON — The United States lost 92,000 jobs in February, edging unemployment up slightly according to the latest employment figures released Friday by the Bureau of Lab…
James Perry: U.S. Economy Showing Strength Despite Mixed Job Report
A weaker-than-expected monthly jobs report has raised concerns among some investors, but one market strategist says the broader indicators suggest the U.S. economy remains resilient. James Perry, founder and chief investment officer of Perry International Capital Partners, said the headline figure showing a loss of 92,000 jobs in February does not tell the full story about the state of the labor market. “The economy is actually doing pretty wel…
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