• TIN TỨC
• VIDEO

Between 90,000 and 150,000 jobs could be lost in February, as the snow kept people home from work, economists estimate.

Analysts had been expecting good news on the jobs front, forecasting that payrolls would expand.

Instead, both people who have jobs and those who were set to start new positions couldn't get to work because of the bad weather.

"The storms will have a tangible impact on the hiring process, which is impeded when people can't get out and businesses are closed" said Stefane Marion, National Bank Financial's chief economist.

Marion originally expected that the economy would add jobs in February, but he now estimates that a total of 150,000 jobs could be lost because of the storms, at least temporarily.

The storms could break the trend of improving jobs data when this month's jobs report comes out March 5th.

"We were hoping to see a turning point, positive numbers, in payrolls this month," said Marion. "It's unfortunate because the timing of the storms coincided with the reference week that payrolls were calculated."

Both reports used data from the Blizzard of January 1996, which blanketed the northeast in as much as 4 feet of snow, as a benchmark for the February estimates.

VOVNews/CNN