Weather And Strikes Weigh On February U.S. Jobs

2026-03-06 12:19:00 ET

By James Knightley, Chief International Economist, US

Jobs shrink, unemployment rises, spending falls

US non-Farm payrolls fell 92k in February versus the +55k consensus and there were a net 69k downward revisions to the previous two months (January 2026 and December 2025). The unemployment rate has risen to 4.4% from 4.3%, while January retail sales fell 0.2% month-on-month versus the 0.3% drop that was expected. This is clearly not a good set of numbers, but the weather almost certainly played a significant role here....

Read the full article on Seeking Alpha

For further details see: