Name: 美國經濟二月意外蒸發9.2萬份工作！ (U.S. economy unexpectedly loses 92,000 jobs in February)
Uploaded: 2026-03-06T23:03:27.000Z
Duration: 4 min 20 s

We are back with some breaking economic data and it is big.

我們回來了，帶來一些重大的經濟數據，而且規模很大。

過去簡單式

The US economy unexpectedly lost 92,000 jobs in February.

美國經濟在二月意外流失了九萬兩千個工作崗位。

形容詞比較級

The unemployment rate inched higher to 4.4%.

失業率緩慢上升至百分之四點四。

NBC News senior business correspondent Christine Romans is here to break down the numbers along with Caleb silver.

NBC News 的資深商業記者 Christine Romans 和 Caleb Silver 一起來為我們解析這些數字。

He's invested PD's editor in chief and chief business editor of People, Inc.

他是 Invest PD 的總編輯，也是 People, Inc. 的首席商業編輯。

Now, what we were expecting, we thought what maybe a gain of 50,000, not a drop of nearly 100,000.

我們原本預期，以為可能會增加五萬個工作崗位，而不是驟減近十萬個。

This is a soft patch in hiring and there are some revisions here to tell you about.

這是招聘市場的疲軟期，有些修訂要告訴大家。

You actually had a loss of 92,000 jobs in the month.

你們實際上在這個月減少了九萬兩千個工作崗位。

That was after last month was really only 126.

這是繼上個月僅僅增加十二萬六千個之後。

In December, this was another loss of about 17,000 jobs.

十二月份，又是減少了約一萬七千個工作崗位。

But you can see what this trend looks like here.

但你可以看到這個趨勢長什麼樣子。

也就是說，這就是我們去年看到的。

Last year we saw an economy that was basically at a standstill in terms of job creation, the weakest job creation last year of any year.

去年，我們的經濟在就業創造方面基本上是停滯的，是去年所有年份中就業創造最弱的一年。

Then we thought there was this momentum in January, but it looks like it really has faded here.

然後我們以為一月份會有動能，但看起來在這裡確實消退了。

You had some health care strikes and you just had companies, frankly, that have been grappling with trade and tariff issues and kind of just all kinds of cross currents in the economy for months now that don't look like they were hiring.

你看到了一些醫療保健罷工，坦白說，有些公司已經應對貿易和關稅問題以及經濟中各種複雜的因素好幾個月了，看起來他們並沒有在招聘。

What does it tell us about the jobs market right now?

這告訴我們現在的就業市場是什麼樣子的？

Yeah, we were in a slow hire, slow fire environment.

是的，我們處於一個緩慢招聘、緩慢解僱的環境。

Now I feel like it's melting a little bit when you see these steep revisions and then you see a big drop.

現在我覺得有點融化了，當你看到這些大幅度的修訂，然後看到大幅下跌。

Now February is seasonally weak, generally speaking, and it was cold and there were strikes.

一般來說，二月是季節性疲軟的月份，而且天氣寒冷，還有罷工。

But still, this shows that more companies are letting go of workers.

但這仍然顯示越來越多公司正在裁員。

Might be in 2000, 5000, 10,000 here, but the momentum is picking up in this jobless rate.

可能是兩千、五千、一萬在這裡，但這個失業率的動能正在增強。

Still only at 4.4% is not an accurate reflection of how sensitive people feel about the labor economy right now.

仍然只有 4.4% 並不能準確反映人們對勞動經濟的敏感度。

Christine, when we look at it by industry, what is it we're seeing?

Christine，當我們按產業來看時，我們看到了什麼？

Yeah, you're looking at health care job losses there.

是的，你看到了醫療保健的失業。

I'm going to put this back on here so you can see where that jobless rate is historically still 4.4% still.

我會把它放回這裡，這樣你就可以看到這個失業率在歷史上的位置，仍然是 4.4%。

我的意思是，這仍然相當不錯。

You saw information, jobs lost, you guys.

你們看到了資訊業，工作崗位流失。

You saw federal government, no surprise, 10,000 jobs lost there.

你看到了聯邦政府，不出所料，那裡流失了 10,000 個工作崗位。

That's because this administration is trying to, trying to lay off and cut federal government jobs.

這是因為這個政府正在試圖，試圖裁員並削減聯邦政府的工作崗位。

Social services up 9,000, but leisure and hospitality down 27,000.

社會服務增加了 9,000 個，但休閒和酒店業卻減少了 27,000 個。

That could very well because of cold weather as well.

But we're going to need to watch this very, very carefully, you guys, because there's so much going on in the economy for consumers to be worried about, especially now with new upheaval in the Middle east.

但各位，我們需要非常非常仔細地關注這一點，因為經濟中有很多事情讓消費者擔心，尤其是在中東發生新動盪的時候。

And you've had for a long time what economists call a no hire, no fire kind of job market.

長期以來，經濟學家稱之為一種「不招聘、不解僱」的就業市場。

It looks like there might have been a little bit more firing.

And Christine, obviously February 28th is when the war with Iran started.

克莉絲汀，顯然 2 月 28 日是與伊朗的戰爭開始的日子。

So these job numbers are not impacted at all by this.

所以這些就業數字完全沒有受到影響。

But on top of that, we have the surging oil prices.

但除此之外，我們還有油價飆漲。

I mean, talk about what we're seeing with that and that mix of this jobs report plus the oil numbers, what that means for the economy.

我想談談我們看到的這些情況，以及這份就業報告加上油價數字的組合，對經濟意味著什麼。

Well, we've got wages that are still growing faster than inflation.

嗯，我們的薪資成長速度仍然快於通貨膨脹。

But the backdrop of all of this is energy prices that are rising very, very quickly.

但這一切的背景是能源價格正在非常非常快速地上漲。

You've got energy prices here that are at $85 a barrel for crude oil today.

今天的原油價格是每桶 85 美元。

It's 67 is where before the strikes in Iran.

And you've got gas prices that continue to charge higher very, very quickly.

而汽油價格則持續非常非常快速地上漲。

That's going to be something that consumers, no question, no consumers and businesses will be grappling with in the days ahead.

消費者和企業在接下來的日子裡，毫無疑問，都會面臨這個問題。

Caleb, is this a conundrum for the Federal Reserve now?

Caleb，這對聯準會來說是個難題嗎？

And we're going to get an inflation report next week that's going to reflect some of these rising oil prices, won't capture it completely, but

下週我們會收到一份通膨報告，這份報告會反映一些油價上漲的狀況，雖然不會完全涵蓋，但

這就是我們所說的停滯性通膨。

They're probably not going to do anything until we get a new Fed chair and the president has formally nominated Kevin Warshaw.

在新任聯準會主席正式被提名人選，也就是 Kevin Warshaw 出現之前，他們可能不會有任何動作。

Wait till June maybe for a rate cut, but they're in a tough spot right now.

或許要等到六月才有機會降息，但他們現在確實處於一個艱難的局面。

All right, Caleb and Christine breaking down this breaking news for us.

好的，Caleb 和 Christine 為我們解析這則重大新聞。

And remember, stay updated on breaking news and top stories on the NBC News app or watch live on our YouTube channel.

記得，在 NBC News app 上隨時掌握最新消息和頭條新聞，或在我們的 YouTube 頻道上觀看直播。

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美國經濟二月意外蒸發9.2萬份工作！ (U.S. economy unexpectedly loses 92,000 jobs in February)

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