{"id":11141,"date":"2025-03-07T13:43:08","date_gmt":"2025-03-07T13:43:08","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/employers-added-151000-jobs-in-february-missing-forecasts\/"},"modified":"2025-03-07T13:43:08","modified_gmt":"2025-03-07T13:43:08","slug":"employers-added-151000-jobs-in-february-missing-forecasts","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/employers-added-151000-jobs-in-february-missing-forecasts\/","title":{"rendered":"Employers added 151,000 jobs in February, missing forecasts"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Employers across the U.S. added 151,000 jobs in February, below economists&#8217; forecasts and pointing to a slowdown in the labor market\u00a0amid signs of slowing economic growth.<\/p>\n<h2>The numbers<\/h2>\n<p>Economists had forecast that the economy added 160,000 jobs last month, while the unemployment rate was expected to remain steady at 4%, according to a poll by FactSet.<\/p>\n<p>Hiring has eased since December&#8217;s blowout number of 307,000 new jobs, but the labor market has remained resilient at the start of 2025, experts say.\u00a0<\/p>\n<h2>What it means<\/h2>\n<p>The February job figures are &#8220;a continued reminder that President Trump inherited a solid labor market \u2014 with continued private-sector job creation and an unemployment rate that is quite low by historical standards,&#8221; noted Daniel Hornung, former Deputy Director of the National Economic Council, in an email prior to the release of the report.<\/p>\n<p>Notably, however, the widespread, ongoing cuts across the government sector aren&#8217;t reflected in today&#8217;s report, according to Andy Stettner, an unemployment insurance expert at The Century Foundation. That&#8217;s because unemployment claims for federal workers can take several weeks to appear in the official government data, he noted.\u00a0<\/p>\n<p>Layoffs across the U.S.\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/layoffs-job-cuts-highest-since-2020-doge-economy-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">spiked last month<\/a><\/span> to their highest levels since 2020, led by firings of federal workers ordered by Elon Musk&#8217;s\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/what-is-doge-elon-musk-findings-trump\/\" data-invalid-url-rewritten-http=\"\">Department of Government Efficiency,<\/a><\/span>\u00a0or DOGE,\u00a0 outplacement firm Challenger, Gray &amp; Christmas said on Thursday.\u00a0<\/p>\n<p>Employers cut more than 172,000 jobs last month, a 245% increase from January and double the number announced during the same month a year ago, the company said. That marks the highest monthly number of layoffs since July 2020, when nearly 263,000 cuts were announced, the firm added.<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \"\/><!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Aimee Picchi<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/jobs-report-today-dow-jones-stock-market-doge-layoffs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employers across the U.S. added 151,000 jobs in February, below economists&#8217; forecasts and pointing to a slowdown in the labor<\/p>\n","protected":false},"author":1,"featured_media":11142,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[730],"class_list":["post-11141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Employers added 151,000 jobs in February, missing forecasts - World News<\/title>\n<meta name=\"description\" content=\"The U.S. labor market has been slowing, but today&amp;#039;s jobs report isn&amp;#039;t yet reflecting the layoffs ordered by Elon Musk&amp;#039;s DOGE.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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