U.S. economy lost 92,000 jobs in February as Trump-era job market continues to suffer

Expectations heading into this week showed projections of about 50,000 new jobs being created in the United States in February. As it turns out, according to the new report from the Bureau of Labor Statistics, the totals fell far short of those expectations. CNBC News reported: Nonfarm payrolls fell by 92,000 for the month, compared to the estimate for 50,000 and below the downwardly revised January total of 126,000. February marked the third time in the past five months that payrolls declined, following a sharp revision showing a drop of 17,000 in December. At the same time, the unemployment

Expectations heading into this week showed projections of about 50,000 new jobs being created in the United States in February. As it turns out, according to the new report from the Bureau of Labor Statistics, the totals fell far short of those expectations. CNBC News reported: Nonfarm payrolls fell by 92,000 for the month, compared to the estimate for 50,000 and below the downwardly revised January total of 126,000. February marked the third time in the past five months that payrolls declined, following a sharp revision showing a drop of 17,000 in December. At the same time, the unemployment