Employment Situation

February 2026

Released March 06, 2026


-92K
Change in nonfarm payroll jobs
Jan 2026 to Feb 2026
+0.1 percent
Change in unemployment rate
Jan 2026 to Feb 2026
-0.1 percent
Change in labor force participation rate
Jan 2026 to Feb 2026


From January 2026 to February 2026:





From January 2026 to February 2026:



From February 2025 to February 2026:



From February 2025 to February 2026:

  • For all employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 4.14 percent.
    • Average nominal hourly earnings increased by 3.84 percent.
  • For production and nonsupervisory employees on private nonfarm payrolls:
    • Average nominal weekly earnings increased by 4.31 percent.
    • Average nominal hourly earnings increased by 3.69 percent.



Table 1. Labor Indicators

Feb 2026 Jan 2026 M/M change Feb 2025 Y/Y change
Payroll jobs
Nonfarm 158.466M 158.558M -92K 158.310M 156K
Private 135.143M 135.229M -86K 134.751M 392K
Government 23.323M 23.329M -6K 23.559M -236K
Unemployment
Official rate (U-3) 4.4% 4.3% 0.1pp 4.2% 0.2pp
Broader rate (U-6) 7.9% 8.1% -0.2pp 8.0% -0.1pp
Labor force participation rate
16 years and over 62.0% 62.1% -0.1pp 62.5% -0.5pp
Prime age (25-54 years) 83.9% 84.0% -0.1pp 83.5% 0.4pp
Employment-to-Population Ratio 59.3% 59.4% -0.1pp 59.9% -0.6pp


Table 2. Earnings Indicators

Feb 2026 Jan 2026 M/M change Feb 2025 Y/Y change
Production and non-supervisory
Hourly earnings $32.03 $31.94 0.28% $30.89 3.69%
Weekly earnings $1,082.61 $1,079.57 0.28% $1,037.90 4.31%
All employees
Hourly earnings $37.32 $37.17 0.40% $35.94 3.84%
Weekly earnings $1,280.08 $1,274.93 0.40% $1,229.15 4.14%


Table 3. Revisions

1st 2nd 3rd Net revision
Nonfarm jobs added
December 2025 50K 48K -17K -67K
November 2025 64K 56K 41K -23K


Table 4. Comparison to ADP Estimate

BLS ADP Difference
Private nonfarm jobs added -86K 63K -149K



Job Openings and Labor Turnover Survey

December 2025

Released February 05, 2026


-386K
Change in nonfarm job openings
Nov 2025 to Dec 2025
+172K
Change in nonfarm hires
Nov 2025 to Dec 2025
+107K
Change in nonfarm separations
Nov 2025 to Dec 2025


Job Openings: The total number of nonfarm job openings decreased by 386K to 6.54 million, and the rate decreased by 0.3 percentage points to 3.9 percent.





Hires: The total number of nonfarm hires increased by 172K to 5.29 million, and the rate increased by 0.1 percentage points to 3.3 percent.


Separations: The total number of nonfarm separations increased by 107K to 5.25 million, and the rate increased by 0.1 percentage points to 3.3 percent.



Table 5. JOLTS Level Indicators

Dec 2025 Nov 2025 M/M change Dec 2024 Y/Y change
Job openings level
Nonfarm 6.542M 6.928M -386K 7.508M -966K
Private 5.804M 6.227M -423K 6.634M -830K
Hire level
Nonfarm 5.293M 5.121M 172K 5.374M -81K
Private 4.978M 4.826M 152K 4.998M -20K
Separation level
Nonfarm 5.251M 5.144M 107K 5.082M 169K
Private 4.932M 4.855M 77K 4.731M 201K


Table 6. JOLTS Rate Indicators

Dec 2025 Nov 2025 M/M change Dec 2024 Y/Y change
Job openings rate
Nonfarm 3.9% 4.2% -0.3pp 4.5% -0.6pp
Private 4.1% 4.4% -0.3pp 4.7% -0.6pp
Hire rate
Nonfarm 3.3% 3.2% 0.1pp 3.4% -0.1pp
Private 3.7% 3.5% 0.2pp 3.7% 0.0pp
Separation rate
Nonfarm 3.3% 3.2% 0.1pp 3.2% 0.1pp
Private 3.6% 3.6% 0.0pp 3.5% 0.1pp


Upcoming releases


Date Time Release Data source
Mar 11 08:30 AM Monthly Inflation Update, February 2026 Bureau of Labor Statistics
Mar 27 08:30 AM Monthly Expenditures Update, February 2026 Bureau of Economic Analysis
Mar 27 08:30 AM Monthly GDP Update, Q4 2025 Third Estimate Bureau of Economic Analysis
Apr 02 08:30 AM Monthly Trade Update, February 2026 Bureau of Economic Analysis
Apr 03 08:30 AM Monthly Employment Update, March 2026 Bureau of Labor Statistics


Notes


Source: Bureau of Labor Statistics; ADP National Employment Report; JEC Republicans calculations

“pp” = percentage points; “M/M” = month over month; “Y/Y” = year over year

Consistent with the Bureau of Labor Statistics, monthly figures are seasonally adjusted. Discrepancy in change figures is possible due to rounding.