The unemployment rate was 4.4% in February, with 130,000 jobs added in January

The US lost 92,000 jobs in February, a major slackening in the labor market that came just before Donald Trump threw the global economy into upheaval with his conflict in Iran.

The unemployment rate edged up to 4.4% in February. In comparison, the US added a revised 126,000 jobs in January, far surpassing expectations of 70,000 jobs but still less than January 2025. Economists predicted an increase of 60,000 jobs added in February and a steady unemployment rate of 4.3%.