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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Peter Navarro on Fox Business urges lower job growth expectations due to deportations, despite strong January report.
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Navarro urges lower expectations for monthly job gains, citing deportations, as January hiring beats forecasts

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White House trade adviser Peter Navarro told Fox Business that investors should scale back expectations for monthly job growth because the administration is deporting immigrants who were working in the U.S. illegally. The January employment report nonetheless showed 130,000 jobs added, while annual government revisions sharply reduced previously reported job gains for 2025.

U.S. employment rose by just 50,000 jobs in December, missing economist expectations, amid losses in key sectors like retail and manufacturing. The unemployment rate fell to 4.4%, while wage growth held steady at 3.8% year-over-year. Businesses cited uncertainty from AI investments and tariffs as reasons for cautious hiring.

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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.

South Korea added 193,000 jobs in 2025, maintaining year-on-year employment growth at the 100,000 level for the second straight year despite ongoing losses in manufacturing and construction. Data from the Ministry of Data and Statistics showed the number of employed people rose 0.7 percent to 28.77 million from a year earlier. While youth employment remained sluggish, jobs for those aged 60 and older saw the largest increase.

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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.

In January 2026, Colombia's unemployment rate stood at 10.9%, the lowest for any January since 2001, with 324,000 more workers than in the same month of 2025. The number of unemployed people fell by 186,000 to 2.8 million. This improvement was driven by growth in self-employment and people leaving the labor force.

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The Mexican Social Security Institute (IMSS) recorded a loss of 320,692 formal jobs in December 2025, the lowest since 2022. Despite this, the year ended with a net creation of 278,697 jobs, at a 1.3% rate. Experts note the figure is less negative than anticipated, though they highlight weaknesses in job generation.

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Unemployment rate in January 2026 drops to 10.9% in Colombia

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Colombia's January unemployment rate falls to 10.9%

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U.S. economy grows 4.3% in third quarter, beating forecasts

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South Korea adds 225,000 jobs in November; youth employment falls again

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South Korea adds 193,000 jobs in October; youth employment remains weak

 

 

 

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