Jobs numbers for February were not good.
The US Economy lost 92,000 jobs.
There was also job revisions on prior months.
The U.S. economy lost 92,000 jobs and the unemployment rate rose to 4.4 percent in February, the Labor Department said Friday.
Economists had forecast the economy would add 55,000 jobs and a steady unemployment rate at 4.3 percent. The prior month’s employment gain was adjusted down to 126,000 from 130,000.
This should be the final data point for the Federal Reserve to take massive action. The labor market is a major concern right now.
Yet, Jerome Powell continues to try to slow the rate cut process down.
For the record
The labor market myth just broke. February’s -92K print and nearly 700K in downward revisions over that past 12 months, expose what the Fed and Wall Street refuse to admit—policy is too tight, and the so‑called ‘strong labor market’ was statistical fiction all… pic.twitter.com/6hysYyEHeS
— James E. Thorne (@DrJStrategy) March 6, 2026
The jobs report shows the US economy has been losing jobs since April 2025.
Companies are producing more profits with fewer employees.
The Federal Reserve is behind the curve once again.
CUT RATES IMMEDIATELY!
— Anthony Pompliano 🌪 (@APompliano) March 6, 2026
At this point it is undebatable – Jerome Powell has been a complete disaster as the chair of the Federal Reserve.
