U.S. Employers Cut Jobs in Sign of a Shakier Economy

THE NEW YORK TIMES: A weaker-than-expected report for February showed a decline of 92,000 jobs, and a rise in the unemployment rate to 4.4 percent.

Job growth fizzled in February, a sign of unexpected weakness in the labor market.

Employers cut 92,000 jobs in February, the Labor Department reported on Friday, and the unemployment rate rose to 4.4 percent. The job losses cut across nearly all major sectors, including health care, which was weighed down by a nurses strike in California.

The report dimmed the picture of the labor market and all but shut down the prospect of a resurgence in growth after an anemic year of hiring that was weighed down by economic uncertainty. Many economists had forecast that employers would shake off their reluctance to hire this year.

Here’s what else to know: Live Updates » | Sydney Ember | Friday, March 6, 2026

Wall Street Update: Dow Tumbles over 500 Points amid New Tariffs, Weak Jobs Report

Aug 1, 2025 | As the global trade market is hit with President Trump's new tariffs, the latest jobs report shows job growth has slowed sharply. Trump is blaming Fed Chair Jerome Powell for the weak report. NBC News' Shannon Pettypiece and Garrett Haake have the latest reporting. Axios Chief Economic Correspondent Neil Irwin joins Ana Cabrera to share his analysis.

U.S. Employers Added 235,000 Jobs in August, a Marked Slowdown

THE NEW YORK TIMES: The American economy slowed abruptly last month, adding 235,000 jobs, a sharp drop from the huge gains recorded earlier in the summer and an indication that the Delta variant of the coronavirus is putting a damper on hiring.

The Labor Department report on Friday follows a sharp increase in coronavirus cases and deaths that has undermined hopes that restrictions on daily activities were nearing an end.

The unemployment rate was 5.2 percent, compared with 5.4 percent in July. Economists polled by Bloomberg has been looking for gain of 725,000 jobs.

“There’s no question that the Delta variant is why today’s job report isn’t stronger,” President Biden said. “I know people were looking, and I was hoping, for a higher number.”

The August showing would have been respectable in pre[-]pandemic times. But after gains of 962,000 in June and 1.05 million in July — and with more than eight million people unemployed — it was a sharp deceleration.

“Delta is a game-changer,” said Diane Swonk, chief economist at Grant Thornton, an accounting firm in Chicago. “It’s not that people are laying off workers in reaction to Delta but people are pulling back on travel and tourism and going out to eat and that has consequences.” » | By Nelson D. Schwartz | Friday, September 3, 2021

500K Fewer Jobs Added Since 2018 Than Previously Reported | Velshi & Ruhle | MSNBC

The Bureau of Labor Statistics made a correction, showing the economy got less of a boost from tax cuts than we first thought. And speaking of the tax cuts, a new CBO estimate says we will hit a trillion dollar deficit next year. The President of the Committee for a Responsible Federal Budget, Maya Macguineas and TIME Magazine Executive Editor Ben Goldenberger join Chris Jansing to discuss who exactly is doing well in this economy.

Past US Steel Tariffs Proved Detrimental to Job Creation

BBC Documentary: Who Gets the Best Jobs?

Richard Bilton examines the social barriers that have contributed to the UK being more unequal than at any other time in history.

Italy Risks Brain Drain Amid Tough Job Market

Oil Prices Flare on Libya Fighting
Mar 4 - Summary of business headlines: Oil hits fresh 2-1/2 year high as Libyans take up arms, Wall Street knocked lower; U.S. enjoys strongest job creation in nine months, falling unemployment rate; Galleon hedge fund founder heads to court ahead of insider trading trial. Conway G. Gittens reports