#USJobsData
🛑 The "Big Miss": Key Data Points
Economists were looking for a modest gain of 60,000 jobs, but the reality was a sharp contraction.
Nonfarm Payrolls: The U.S. unexpectedly shed 92,000 jobs in February.
Unemployment Rate: Ticked up to 4.4% (from 4.3% in January).
Significant Revisions: December and January data were revised down by a combined 69,000, revealing that the winter months were even weaker than previously thought
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