FaithfulNews archive
U.S. Economy Loses 92,000 Jobs in February as Unemployment Ticks Higher
by Emmitt Barry, Worthy News Washington D.C. Bureau Chief(Worthy News) – The U.S. economy unexpectedly lost 92,000 jobs in February, according to new data released Friday by the Bureau of Labor Statistics, marking a sharp reversal from earlier forecasts that predicted modest job growth.The unemployment rate edged up to 4.4 percent from 4.3 percent in January, while economists had expected roughly 50,000 to 59,000 new jobs and a steady unemployment rate. The disappointing report rattled fin