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U.S. February nonfarm payrolls unexpectedly declined, marking the first negative reading since October 2025
Svmuu News: U.S. nonfarm payrolls fell by 92,000 in February on a seasonally adjusted basis, marking the first decline since October 2025, while the market had expected an increase of 59,000. The U.S. unemployment rate in February stood at 4.4%, the highest level since December 2025, slightly above the market forecast of 4.3%. U.S. retail sales for January fell by 0.2% month-over-month, marking the first decline since October 2025, while the market had expected a 0.3% decline. (Jin Shi)
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