U.S. jobs report: February payrolls drop 92,000 amid slowdown

The Bureau of Labor Statistics' February 2026 employment report revealed a 92,000 decline in nonfarm payrolls—the second-worst monthly drop in three years—reversing January's revised 126,000 gain and extending the slowdown from December's 50,000 increase. Released March 7, the data showed unemployment rising 0.1 percentage point in a low-hiring, low-firing labor market.

This downturn heightens uncertainty in the economic and policy landscape, contrasting with recent recovery signals and complicating labor market assessments. The report underscores persistent employment challenges despite some stability.

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South Korea's job market surge with 234,000 new jobs contrasted by record-high youth unemployment among 15-29 year olds.
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South Korea adds 234,000 jobs in February; youth unemployment hits 5-year high

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South Korea added 234,000 jobs in February, marking the fastest on-year growth in five months, though youth employment slumped and construction losses persisted. Youth unemployment for ages 15-29 reached 7.7 percent, the highest for any February since 2021. The total number of employed people rose 0.8 percent to 28.41 million, per Ministry of Economy and Finance data.

Employers in the United States added 178,000 jobs in March, far exceeding economist expectations of 59,000, while the unemployment rate fell to 4.3 percent. This rebound followed a weak February, when payrolls dropped by 133,000. The White House highlighted the strong figures on social media.

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Monthly employment data from the Bureau of Labor Statistics and ADP often show differences in their figures, yet they follow the same direction over extended periods. This alignment provides a reliable view of the US labor market despite short-term variations. Jobs information is key to understanding consumer spending, which drives about two-thirds of the US economy.

The Philippines' unemployment rate surged to 5.8% in January 2026—the highest since June 2022—up sharply from December 2025's 4.4%, according to the Philippine Statistics Authority. This affected 2.96 million unemployed Filipinos, with agriculture losing 1.42 million jobs due to weather disturbances.

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Die Arbeitslosenquote in Kolumbien fiel im Januar 2026 auf 10,9 %, laut Dane, was einem Rückgang um 0,8 Prozentpunkte im Vergleich zu Januar 2025 entspricht. Andi-Präsident Bruce Mac Master bezweifelte den Rückgang der Informalität um einen Prozentpunkt und stellte fest, dass das Jobwachstum durch nicht lohnabhängige Positionen getrieben wurde.

Existing home sales in the United States fell 3.6% in March after a brief rebound the previous month. The National Association of Realtors reported a seasonally adjusted annual rate of 3.98 million units, the lowest since last June. NAR Chief Economist Dr. Lawrence Yun attributed the slowdown to lower consumer confidence and softer job growth.

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Die Direktorin des DANE, Piedad Urdinola, klärte die Diskrepanzen zwischen den Beschäftigungszahlen ihrer Behörde und denen der Ugpp auf und verwies auf unterschiedliche Quellen und Methoden. Dies folgt auf Kritik der Andi, die behauptet, dass seit 2023 eine halbe Million formelle Arbeitsplätze verloren gegangen seien. Das DANE misst den Arbeitsmarkt durch direkte Umfragen, während sich die Andi auf Beitragszahler zur Sozialversicherung stützt.

 

 

 

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