U.S. Non-Farm Payrolls Unexpectedly Decreased by 92,000 in February, vs. an Expected Increase of 55,000

2026-03-06 13:42:03

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U.S. non-farm payrolls decreased by 92,000 in February, compared to an expected increase of 55,000, and a previous figure of 130,000. Private sector employment fell by 86,000, and government employment decreased by 6,000. U.S. non-farm employment for January was revised to an increase of 126,000, and December was revised to a decrease of 17,000.

The U.S. unemployment rate in February was 4.4%, the highest since December 2025, compared to an estimate of 4.3% and a previous rate of 4.3%.

Traders have increased bets, expecting the Federal Reserve to cut interest rates at least once by 2026. The probability of a rate cut in June has risen to about 50%, up from 35% before the employment data was released.

(Source: Cailian Press)

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