Employment Report: 92K Jobs Lost In February, Worse Than Expected

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Advisor Perspectives Charts6.58K FollowersFollow5ShareSavePlay(8min)CommentsSummaryThe latest employment report showed that 92,000 jobs were lost in February, down from January's 126,000 addition.Currently, the unemployment rate stands at 4.44%, higher than the latest 12-month moving average of 4.30%.The U6 series currently stands at 7.9%, down from 8.1% in January. Professor25/iStock via Getty Images By Jennifer Nash The latest employment report showed that 92,000 jobs were lost in February, down from January's 126,000 addition. This figure was worse than the projected addition of 58,000 jobs. Meanwhile, the unemployment rate inched up to 4.4%, comingThis article was written byAdvisor Perspectives Charts6.58K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.
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