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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The United States added 172,000 jobs in May, more than double the expected figure of 85,000. The unemployment rate rose to 4.3 percent.

Hong Kong's unemployment rate for the December to February period stood at 3.8 per cent, down 0.1 percentage point from the previous three months. Improvements were seen in retail, accommodation services, and foundation and superstructure sectors. Secretary for Labour and Welfare Chris Sun Yuk-han said the economy's growth momentum should support the labour market, though some sectors face challenges.

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Das Departamento Administrativo Nacional de Estadística (DANE) meldete, dass die Arbeitslosenquote in Kolumbien im März 2026 auf 8,8 % gesunken ist – der niedrigste Wert für einen März seit 2001. Damit setzt sich der Abwärtstrend von 10,9 % im Januar und 9,2 % im Februar fort. Die Zahl der Arbeitslosen sank um 174.000 auf 2,34 Millionen. Dies entspricht einem Rückgang um 0,8 Prozentpunkte gegenüber 9,6 % im März 2025. Die Erwerbsbevölkerung wuchs um 650.000 Personen (2,7 %), während die Quote für das Quartal Januar bis März bei 9,6 % lag. Neiva zählte zu den Städten mit der niedrigsten Arbeitslosigkeit.

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