Weather And Strikes Weigh On February U.S. Jobs
Source: SeekingAlpha
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....
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Weather And Strikes Weigh On February U.S. Jobs
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