The U.S. economy shed a whopping 92,000 jobs in February 2026, just as Iran tensions heated up. That's a big drop from what experts expected, they thought we'd add around 50,000 spots. The report came out on March 6, 2026, from the Bureau of Labor Statistics in Washington, D.C.
Unemployment climbed to to 4.4 percent, affecting about 7.6 million people looking for work. Sectors like health care took a hit. Even manufacturing and retail felt the pinch, partly due to bad winter weather slowing things down.
Just days after February ended, on February 28, Trump and Israel launched major strikes on Iran, escalating into a full-blown conflict. Oil prices are spiking to $87 a barrel, and that's already jacking up gas costs in the US.
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