— U.S. Labor Market Shock 📉
The latest U.S. non-farm payroll report
#FebNonfarmPayrollsUnexpectedlyFall NFP( surprised everyone: instead of the expected +59,000 jobs, the economy lost 92,000 jobs, marking the biggest slowdown in the labor market since 2024.
Key Data
Wage Change: -92,000 )Compared to +59,000 expected(
Unemployment Rate: 4.4% )Previous 4.3%(
Wage Growth: 0.3% monthly, indicating a slowdown in income expansion
January and December figures were revised downward, weakening the narrative of a resilient labor market.
Market Impact Analysis
Main Drivers of the Decline
1️⃣ Healthcare