this post was submitted on 06 Mar 2026
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A report from the Labor Department 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. The unemployment rate inched up to 4.4%.

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[–] Lexam@lemmy.world 33 points 1 week ago (1 children)
[–] Eldritch@piefed.world 22 points 1 week ago

Yeah, was gonna say. For every one of Trump's moves this was the expected outcome.

[–] pelespirit@sh.itjust.works 21 points 1 week ago (1 children)

It has to be worse than this, right? They lie their asses off about this shit.

[–] joekar1990@lemmy.world 11 points 1 week ago

I mean so far all the revisions have been down and I would expect Jan to shrink further. February's report revised down January's previous payrolls figure from 130,000 to 126,000. They also cut December’s figure from 50,000 jobs added to a contraction of 17,000.

[–] KindnessisPunk@piefed.ca 9 points 1 week ago* (last edited 1 week ago) (1 children)

Sorry, they don't measure the economy for people like you and I anymore. The economy, much like credit has been a measure of how well they're managing to exploit us.

We're just the cattle.

[–] Mouselemming@sh.itjust.works 2 points 1 week ago

(people like me --> people like you and me)

And yes. Moo!

Is America great yet? Any day now China is going to start paying all them tarrifs

[–] shittydwarf@sh.itjust.works 7 points 1 week ago
[–] TomMasz@lemmy.world 4 points 1 week ago

Unexpectedly expected.