Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.

President Donald Trump has criticized earlier job reports that featured downward revisions.

Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.

The Bureau of Labor Statistics reported an unexpected loss of 92,000 jobs in February, far below the forecast. Unemployment rose from 4.3% to 4.4%.

The Bureau of Labor Statistics found that U.S. employers added 181,000 jobs last year, far fewer than the 1.46 million jobs that were added in 2024.

Follow along with Investopedia's live coverage of Wednesday's employment situation report from the Bureau of Labor Statistics.

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