The U.S. economy lost 92,000 jobs in February, stoking labor market worries [MSNBC.com]
Principal Financial Group Inc (PFG)
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Source: MSNBC.com
The U.S. shed 92,000 jobs in February and previous months of job growth were not as strong as previously reported, the Bureau of Labor Statistics announced Friday in a report that will raise alarms about the state of the economy.The unemployment rate ticked up slightly to 4.4%, little changed from January’s report. Economists had expected the economy to add 50,000 jobs and the unemployment report to remain at 4.3%.Friday's report revised down January's previously stellar payrolls figure from 130,000 to 126,000. The agency also cut December’s figure from 50,000 jobs added to a contraction of 17,000.With those revisions, 2025 was the first year to record five months of labor market contractions since 2010, as the economy was recovering from the global financial crisis."Well, that was ugly," wrote Mark Hamrick, senior economic analyst at the financial publishign company Bankrate, wrote in a note after Friday's data release.Hamrick noted that in addition to the job contraction and revisio
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News
- U.S. economy lost 92,000 jobs in February, marking an unexpected setback for the economy [CBS News]CBS News
- U.S. economy lost 92,000 jobs in February, marking an unexpected setback for the economy [CBS News]CBS News
- U.S. economy lost 92,000 jobs in February, marking an unexpected setback for the economy [CBS News]CBS News
- U.S. economy lost 92,000 jobs in February, an unexpected setback [Yahoo! Finance]Yahoo! Finance
- U.S. economy lost 92,000 jobs in February, marking an unexpected setback for the economy [CBS News]CBS News
PFG
Earnings
- 2/9/26 - Beat
PFG
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- PFG's page on the SEC website