US nonfarm payrolls unexpectedly plunged 92,000 in February, missing forecasts by over 150,000 jobs, while unemployment rose to 4.4%, signaling sharp deterioration in labor market conditions as prior months' data were also revised downward.
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#YonhapInfomax #NonfarmPayrolls #UnemploymentRate #LaborMarket #HealthcareSector #FederalGovernmentEmployment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108545

US February Nonfarm Payrolls Plunge 92,000 in 'Shock' - Far Below Expectations (Update)
US nonfarm payrolls unexpectedly plunged 92,000 in February, missing forecasts by over 150,000 jobs, while unemployment rose to 4.4%, signaling sharp deterioration in labor market conditions as prior months' data were also revised downward.