US sheds 92,000 jobs in warning sign for Trump’s economy
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In February, the US economy unexpectedly lost 92,000 jobs, according to a Labor Department report, a significant drop from January's gain of 126,000. The national unemployment rate also increased slightly to 4.4 percent. The White House economic advisor maintained a positive outlook, suggesting a focus on longer-term job growth averages. However, the report drew criticism from the Senate's Democratic leader, who described it as a warning sign of economic deterioration. He attributed the job losses to rising tariffs and gas prices. The report's release comes as the US approaches key midterm elections.
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