{"id":461384,"date":"2026-03-06T21:08:09","date_gmt":"2026-03-06T21:08:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/461384\/"},"modified":"2026-03-06T21:08:09","modified_gmt":"2026-03-06T21:08:09","slug":"us-economy-unexpectedly-sheds-92000-jobs-in-february","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/461384\/","title":{"rendered":"US economy unexpectedly sheds 92,000 jobs in February"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The hiring downturn sent shares on Wall Street lower and raised new pressure on US President Donald Trump, who campaigned on promises of improving the economy. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Democrats quickly seized on the figures, with Senator Elizabeth Warren saying they showed that White House was &#8220;tanking the job market&#8221;, while White House officials brushed off their significance. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In an interview with CNBC, Kevin Hassett, director of the National Economic Council, said he still expected strong growth to power job creation in the months ahead. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;There will be so much activity that everybody is going to be able to find a job that wants one,&#8221; he said. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The report also complicates the questions facing the US central bank. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Federal Reserve would typically respond to a weakening labour market by cutting borrowing costs, in hopes of giving the economy a boost. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But analysts said the risk that a sustained leap in oil prices could put upward pressure on prices may give policymakers pause for thought. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Today&#8217;s numbers may have put the Fed between a rock and a hard place,&#8221; said Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management.<\/p>\n","protected":false},"excerpt":{"rendered":"The hiring downturn sent shares on Wall Street lower and raised new pressure on US President Donald Trump,&hellip;\n","protected":false},"author":2,"featured_media":461385,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-461384","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/461384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=461384"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/461384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/461385"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=461384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=461384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=461384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}