The U.S. shed 92,000 jobs in February 2026 as a physicians’ strike and federal layoffs hit payrolls. Unemployment holds at 4.4%. Full expert analysis inside.

The U.S. economy lost 92,000 jobs in February 2026 — a sharp miss driven by a physicians’ strike and continued federal workforce cuts. Unemployment held at 4.4%, wages grew 3.8%, and long-term joblessness is rising. Here’s what the numbers actually mean.