US labor market shows resilience as January payrolls exceed forecasts

U.S. payrolls rose by 130,000 in January while the jobless rate fell to 4.3 percent. The data suggests the Federal Reserve will keep interest rates steady.

Insights:
U.S. nonfarm payrolls rose by 130,000 in January as the unemployment rate fell to 4.3%, according to data released today, February 11, 2026. This performance in the US USUS materially exceeded economists' forecasts, which had anticipated a more modest gain. The stronger-than-expected jobs report immediately bolstered expectations among market participants that the Federal Reserve / FOMC will maintain current interest rates while continuing to monitor broader inflation trends.
FILE PHOTO: A “Help Wanted” sign hangs in a restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo
FILE PHOTO: A “Help Wanted” sign hangs in a restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo
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