The U.S. unexpectedly loses 92,000 jobs in January The job market showed further signs of weakness last month as employers cut 92,000 jobs. The unemployment rate inched up to 4.4%, from 4.3% in January.
Economy
The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy
The U.S. economy lost jobs in February, and job gains for December and January were revised downward. A report from the Labor Department on Friday dashed hopes that the job market was stabilizing. Spencer Platt/Getty Images hide caption
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Spencer Platt/Getty Images
The U.S. job market turned weaker last month, dashing hopes for an economic rebound.
A report from the Labor Department on Friday shows employers cut 92,000 jobs in February, when economists had expected the U.S. would continue adding jobs, albeit at a sluggish pace.…