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Economists expect the US economy to have added about 50,000 jobs in February
Layoffs in the United States fell sharply in February while hiring plans increased, signaling improvement in the US labor market, according to data from Challenger, Gray & Christmas.
The firm said in a statement that store closures remained the leading driver of job cuts. It added that companies’ growing reliance on artificial intelligence accounted for about 10% of total layoffs in February.
|
Layoffs in the US – Feb. 2026 |
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|
Item |
Expectations |
Previous Estimates |
Current Estimates |
Change (MoM) |
|
Layoffs (‘000) |
-- |
108.44 |
48.31 |
(55%) |
|
Recruitment Plans (‘000) |
-- |
5.31 |
12.76 |
+140% |
The data suggests improving conditions in the US labor market ahead of the closely watched nonfarm payrolls report due on Friday.
Economists expect the US economy to have added about 50,000 jobs in February, compared with 130,000 in January.
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