Hiring in the US unexpectedly plunged in February. Employers shed an estimated 92,000 jobs, according to new data released by the Bureau of Labor Statistics. CNN’s Matt Egan breaks down the numbers.

The U.S. lost 92,000 jobs in February and the jobless rate rose to 4.4 percent, according to data released Friday by the Bureau of Labor Statistics (BLS). The February jobs report showed the nation’s labor market rapidly losing steam last month,

The U.S. lost 92,000 jobs in February, according to the report, which marked a significant dropoff from the previous month.

The U. S. economy unexpectedly shed jobs in February, according to Bureau of Labor Statistics (BLS) data released Friday.