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

Kiswahili

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.

Makala yanayohusiana

South Korea's job market surge with 234,000 new jobs contrasted by record-high youth unemployment among 15-29 year olds.
Picha iliyoundwa na AI

South Korea adds 234,000 jobs in February; youth unemployment hits 5-year high

Imeripotiwa na AI Picha iliyoundwa na AI

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.

US adds 178,000 jobs in March, beating expectations sharply

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.

Monthly US jobs reports diverge but long-term trends align

Imeripotiwa na AI

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.

Asia

Unemployment rate remains at 4.4% in December 2025

America

Mexican economy shows signs of slowdown in February

Uchumi

US retail sales fall 0.2% in January, less than expected

Philippines' unemployment rate jumps to 5.8% in January 2026 amid agriculture losses

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.

Challenges in Colombian labor market due to high informality

Imeripotiwa na AI

Colombia's unemployment rate fell to 10.9% in January 2026, according to Dane, marking a 0.8 percentage point improvement from January 2025. Andi president Bruce Mac Master questioned the one-point drop in informality and noted that job growth was driven by non-salaried positions.

Existing home sales drop 3.6% in March

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.

DANE explains discrepancies in employment figures with Ugpp

Imeripotiwa na AI

DANE director Piedad Urdinola clarified discrepancies between her agency's employment figures and those from Ugpp, citing different sources and methodologies. This follows criticism from Andi, which claims half a million formal jobs lost since 2023. DANE measures the labor market through direct surveys, while Andi relies on social security contributors.

Jumanne, 14. Mwezi wa nne 2026, 03:01:19

South Korea adds 206,000 jobs in March, second straight month over 200,000

Jumatatu, 30. Mwezi wa tatu 2026, 03:30:36

Colombia's February unemployment rate drops to 9.2%

Jumatano, 18. Mwezi wa tatu 2026, 19:50:00

Hong Kong's jobless rate falls by 0.1 percentage point

Jumanne, 10. Mwezi wa tatu 2026, 22:38:04

February CPI holds steady above Fed's target

Jumapili, 1. Mwezi wa tatu 2026, 01:56:20

Unemployment rate in January 2026 drops to 10.9% in Colombia

Jumamosi, 28. Mwezi wa pili 2026, 07:48:25

Colombia's January unemployment rate falls to 10.9%

Ijumaa, 27. Mwezi wa pili 2026, 16:38:38

Colombia's unemployment rate falls to 10.9% in January 2026

Ijumaa, 13. Mwezi wa pili 2026, 13:41:40

Inflation cools to 2.4% and wages rise in January

Jumatano, 11. Mwezi wa pili 2026, 12:01:29

Navarro urges lower expectations for monthly job gains, citing deportations, as January hiring beats forecasts

Jumapili, 8. Mwezi wa pili 2026, 05:44:01

Japan's real wages decline every month in 2025

 

 

 

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