Economy unexpectedly sheds 92,000 jobs as war spurs inflation worries

The economy unexpectedly lost 92,000 jobs in February, with construction shedding 11,000 positions month-over-month despite showing 0.5% growth year-over-year. Inflation concerns tied to geopolitical tensions are weighing on job growth across sectors.

Construction lost 11,000 net jobs month to month in February, but saw an increase of 0.5% year over year.

This story was originally published by Construction Dive.