employment report
U.S. Labor Market Chills as February Payrolls Slump to 60,000; Unemployment Holds Firm at 4.3%
The U.S. labor market showed significant signs of cooling in February 2026, with nonfarm payrolls rising by just 60,000, a sharp deceleration from the revised 130,000 jobs added in January. Despite the slowdown in hiring, the unemployment rate remained steady at 4.3%, suggesting a labor market