Friday, March 6, 2026

Employers Cut Jobs in Unexpectedly Weak Report; Healthcare is sole source of job creation

Employers Cut Jobs in Unexpectedly Weak Report

A weaker-than-expected report for February showed a decline of 92,000 jobs, and a rise in the unemployment rate to 4.4 percent.

Health Care Has Become the Lifeblood of the Labor Market

An aging population is drawing workers to medical and social care, creating reliable jobs and revealing weakness for the rest of the economy.

Big Revisions Are a Reason to Question the Jobs Numbers, Not to Dismiss Them

Economists say estimates from the Bureau of Labor Statistics and other agencies are reliable, but they worry the quality of data is eroding.