The US labor market shrunk by 92,000 non-farm payroll jobs in February, as reported by the Bureau of Labor Statistics (BLS), well below economist estimates of an addition of 55,000. The unemployment rate rose to 4.4% while average hourly wages grew by 0.4% month-over-month and 3.8% year-over-year. Our panel breaks down what you need to know. Featuring: Julie Hyman - Yahoo Finance Host Myles Udland - Yahoo Finance Head of News Michael Reid - RBC Capital Markets head of U.S. economic research Lauren Goodwin - New York Life Investments economist and portfolio strategist == Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with us: — Facebook: https://www.facebook.com/yahoofinance — X/Twitter: https://x.com/YahooFinance — Instagram: https://www.instagram.com/yahoofinance/ — TikTok: https://www.tiktok.com/@yahoofinance — LinkedIn: https://www.linkedin.com/company/yahoo-finance See the Latest News & Data: https://finance.yahoo.com/ Get the Yahoo Finance App: — iOS (https://apple.co/3Rten0R) — Android (https://bit.ly/3t8UnXO)