US economy unexpectedly sheds 92,000 jobs in February
Summary
US payrolls fell by 92,000 in February, with the unemployment rate ticking up to 4.4%, marking the biggest monthly loss since October. The broad drop, including healthcare and federal jobs, led to downward revisions for December and January and challenges the view that the labor market has turned a corner, potentially complicating the Fed's policy path amid oil-price uncertainty.