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URLhttps://finance.yahoo.com/video/us-economy-lost-92-000-133540000.html
Last Crawled2026-03-06 15:33:17 (1 month ago)
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Meta TitleUS economy lost 92,000 jobs in February
Meta DescriptionThe 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. Additionally, the unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland break down the latest economic data. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
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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. Additionally, the unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland break down the latest economic data. To watch more expert insights and analysis on the latest market action, check out more Morning Brief . 00:00 Speaker A negative 92,000. So the US economy lost 92,000 non-farm payroll jobs in the month of February. That is a massive surprise compared to the 55,000 jobs that were expected to be added to the economy last month. 00:13 Speaker A Uh the unemployment rate goes up by 1/10th of 1% to 4.4%. That's up from 4.3% the prior month. 00:23 Speaker A Uh average hourly earnings up 4/10th of 1% month on month, 3.8% over last year. Both of those beat forecast by 1/10th of 1%. 00:32 Speaker A But the headline here is the headline. 92,000 non-farm payroll jobs taken out of the economy in February, a massive surprise relative to the 55,000 that we were expecting to add. 00:46 Speaker A Last month's job gains revised to 126,000. So, uh basically unchanged there. So we're now, what's my math here, Julie? 00:57 Speaker A We're up 30,000 jobs roughly for the year, which is right on pace with the uh number of jobs we added on average in 2025. 01:07 Julie Yeah, I mean, although that not that headline number is a pretty 01:10 Speaker A It's a shocker. 01:11 Julie It's a shocker. That's a pretty 01:12 Speaker A It's a shocker. It's the biggest negative number I can remember, I think since the pandemic. 01:15 Julie Yeah, it is interesting that you have that average hourly earnings number ticking up a little bit. 0.4% was the gain there. Um, I mean if all you're watching is that unemployment rate, it going up a 10th of a percent to 4.4% is not necessarily a good news. By the way, we also just got retail sales and they fell a little bit less than estimated. 01:33 Speaker A I got it. Ah, you're laughing at me because who cares about retail sales, but you know, 01:36 Julie For completion's sake. 01:38 Speaker A Yes, exactly. 01:39 Julie That's your theme of the week for completion's sake. 01:41 Speaker A That's like a that's a crutch phrase I've been finding myself leaning on way too much. I got to cleanse myself of that over the weekend. 01:47 Julie All right, I'll make you put some money in the jar every time you say that.
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[Upgrade to Premium](https://finance.yahoo.com/about/plans/select-plan/?.done=https%3A%2F%2Ffinance.yahoo.com%2Fvideo%2Fus-economy-lost-92-000-133540000.html&ncid=_1088_DCM-PARTNER_NATIVE_US_NoTargeting_HeaderEyebrow_YahooFinanceUsers___RightRail_Header-UpgradetoPaidSubscriptionButton__N_) [![Yahoo Finance Video](https://s.yimg.com/ny/api/res/1.2/nt5dGx4HiuaxJyO1G5ipxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIzMjtoPTQ4/https://s.yimg.com/os/creatr-uploaded-images/2020-12/02246f50-3412-11eb-bfdd-de89f8b3b8b8)](https://finance.yahoo.com/ "Yahoo Finance Video") # US economy lost 92,000 jobs in February [Yahoo Finance Video](https://finance.yahoo.com/author/yahoo-finance-video) and [Julie Hyman](https://finance.yahoo.com/author/julie-hyman) Fri, March 6, 2026 at 8:35 AM EST The US labor market [shrunk by 92,000 non-farm payroll jobs](https://finance.yahoo.com/news/jobs-report-shocks-with-unexpected-loss-of-92000-jobs-in-february-as-unemployment-rate-rises-200907904.html) in February, as reported by the Bureau of Labor Statistics (BLS), well below economist estimates of an addition of 55,000. Additionally, the unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Morning Brief Host [Julie Hyman](https://www.yahoo.com/author/julie-hyman/?.tsrc=fin-srch) and Yahoo Finance Head of News [Myles Udland](https://www.yahoo.com/author/myles-udland/) break down the latest economic data. To watch more expert insights and analysis on the latest market action, check out more [Morning Brief](https://finance.yahoo.com/videos/series/morning-brief/). Video Transcript 00:00 Speaker A negative 92,000. So the US economy lost 92,000 non-farm payroll jobs in the month of February. That is a massive surprise compared to the 55,000 jobs that were expected to be added to the economy last month. 00:13 Speaker A Uh the unemployment rate goes up by 1/10th of 1% to 4.4%. That's up from 4.3% the prior month. 00:23 Speaker A Uh average hourly earnings up 4/10th of 1% month on month, 3.8% over last year. Both of those beat forecast by 1/10th of 1%. 00:32 Speaker A But the headline here is the headline. 92,000 non-farm payroll jobs taken out of the economy in February, a massive surprise relative to the 55,000 that we were expecting to add. 00:46 Speaker A Last month's job gains revised to 126,000. So, uh basically unchanged there. So we're now, what's my math here, Julie? 00:57 Speaker A We're up 30,000 jobs roughly for the year, which is right on pace with the uh number of jobs we added on average in 2025. 01:07 Julie Yeah, I mean, although that not that headline number is a pretty 01:10 Speaker A It's a shocker. 01:11 Julie It's a shocker. That's a pretty 01:12 Speaker A It's a shocker. It's the biggest negative number I can remember, I think since the pandemic. 01:15 Julie Yeah, it is interesting that you have that average hourly earnings number ticking up a little bit. 0.4% was the gain there. Um, I mean if all you're watching is that unemployment rate, it going up a 10th of a percent to 4.4% is not necessarily a good news. By the way, we also just got retail sales and they fell a little bit less than estimated. 01:33 Speaker A I got it. Ah, you're laughing at me because who cares about retail sales, but you know, 01:36 Julie For completion's sake. 01:38 Speaker A Yes, exactly. 01:39 Julie That's your theme of the week for completion's sake. 01:41 Speaker A That's like a that's a crutch phrase I've been finding myself leaning on way too much. I got to cleanse myself of that over the weekend. 01:47 Julie All right, I'll make you put some money in the jar every time you say that. [Terms](https://guce.yahoo.com/terms?locale=en-US) and [Privacy Policy](https://guce.yahoo.com/privacy-policy?locale=en-US) [Privacy Dashboard](https://guce.yahoo.com/privacy-dashboard?locale=en-US) [More Info](https://finance.yahoo.com/more-info) ## Recommended Stories Copyright © 2026 Yahoo. 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Readable Markdown
The US labor market [shrunk by 92,000 non-farm payroll jobs](https://finance.yahoo.com/news/jobs-report-shocks-with-unexpected-loss-of-92000-jobs-in-february-as-unemployment-rate-rises-200907904.html) in February, as reported by the Bureau of Labor Statistics (BLS), well below economist estimates of an addition of 55,000. Additionally, the unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Morning Brief Host [Julie Hyman](https://www.yahoo.com/author/julie-hyman/?.tsrc=fin-srch) and Yahoo Finance Head of News [Myles Udland](https://www.yahoo.com/author/myles-udland/) break down the latest economic data. To watch more expert insights and analysis on the latest market action, check out more [Morning Brief](https://finance.yahoo.com/videos/series/morning-brief/). 00:00 Speaker A negative 92,000. So the US economy lost 92,000 non-farm payroll jobs in the month of February. That is a massive surprise compared to the 55,000 jobs that were expected to be added to the economy last month. 00:13 Speaker A Uh the unemployment rate goes up by 1/10th of 1% to 4.4%. That's up from 4.3% the prior month. 00:23 Speaker A Uh average hourly earnings up 4/10th of 1% month on month, 3.8% over last year. Both of those beat forecast by 1/10th of 1%. 00:32 Speaker A But the headline here is the headline. 92,000 non-farm payroll jobs taken out of the economy in February, a massive surprise relative to the 55,000 that we were expecting to add. 00:46 Speaker A Last month's job gains revised to 126,000. So, uh basically unchanged there. So we're now, what's my math here, Julie? 00:57 Speaker A We're up 30,000 jobs roughly for the year, which is right on pace with the uh number of jobs we added on average in 2025. 01:07 Julie Yeah, I mean, although that not that headline number is a pretty 01:10 Speaker A It's a shocker. 01:11 Julie It's a shocker. That's a pretty 01:12 Speaker A It's a shocker. It's the biggest negative number I can remember, I think since the pandemic. 01:15 Julie Yeah, it is interesting that you have that average hourly earnings number ticking up a little bit. 0.4% was the gain there. Um, I mean if all you're watching is that unemployment rate, it going up a 10th of a percent to 4.4% is not necessarily a good news. By the way, we also just got retail sales and they fell a little bit less than estimated. 01:33 Speaker A I got it. Ah, you're laughing at me because who cares about retail sales, but you know, 01:36 Julie For completion's sake. 01:38 Speaker A Yes, exactly. 01:39 Julie That's your theme of the week for completion's sake. 01:41 Speaker A That's like a that's a crutch phrase I've been finding myself leaning on way too much. I got to cleanse myself of that over the weekend. 01:47 Julie All right, I'll make you put some money in the jar every time you say that.
Shard192 (laksa)
Root Hash3401813433841292792
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