economy
February 11, 2026
Employers added 130,000 jobs in January, blowing past expectations
Updated on: February 11, 2026 / 10:13 AM EST / CBS News
TL;DR
- U.S. employers added 130,000 jobs in January, surpassing economist predictions.
- The healthcare sector led hiring with 82,000 jobs, followed by social assistance (42,000) and construction (33,000).
- The federal government and financial activities sectors shed jobs.
- Revisions to 2025 data significantly reduced job creation figures to 181,000, the lowest since 2020.
- The unemployment rate decreased to 4.3% in January from 4.4% in December.
- Average hourly wages increased by 0.4% from December to January and 3.7% annually.
- Layoffs surged in January, reaching their highest level for the month since 2009.
- The stronger-than-expected jobs report supports the Federal Reserve's decision to hold interest rates steady.
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