US Payrolls Drop 92,000 in February; Unemployment Rises to 4.4%

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By Kim Jung-wook
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[Breaking] U.S. February employment drops by 92,000... unemployment rate 4.4% - Seoul Economic Daily International News from South Korea
[Breaking] U.S. February employment drops by 92,000... unemployment rate 4.4%

The US Bureau of Labor Statistics reported Friday that nonfarm payrolls fell by 92,000 in February from the previous month.

The figure significantly missed economists' expectations of a 50,000 increase, according to Dow Jones estimates. The unemployment rate rose to 4.4%, also exceeding the forecast of 4.3%.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.