2026 labor market set to begin taking shape with February jobs report

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Economists hoping for a better understanding of the U.S. job market are keeping their expectations in check.

The Bureau of Labor Statistics is set to announce February job numbers Friday, with the monthly data release predicted to show tepid growth due in part to a major strike in the health care industry.

The U.S. jobs market remains muddled. A surprisingly strong January report offered some optimism that hiring had picked up, but that data also showed that U.S. job growth in 2025 was far lower than previously thought.

“We do not expect to learn much new about the state of the labor market with February employment data,” economists at Citigroup said.

The U.S. economy at large has remained a mixed bag, in part due to a variety of headwinds that have included a government shutdown and a lack of clarity over the Trump administration’s tariff agenda.

On Wednesday, Treasury Secretary Scott Bessent said the administration’s

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