The Economic Times

Jobs report breakdown: US employers slash 92,000 jobs in February as healthcare, hospitality, construction, manufacturing, restaurants, factories and other sectors cut workers

US jobs report February 2026: US employers slashed 92,000 jobs in February, a stark surprise as the unemployment rate climbed to 4.4%. Major sectors like healthcare, construction, and manufacturing saw significant cuts. Rising oil prices and global conflicts are making businesses hesitant to hire, creating a challenging economic climate.