US nonfarm payrolls unexpectedly fell in February, marking the first negative figure since October 2025.

U.S. nonfarm payrolls fell by 92,000 in February, seasonally adjusted, marking the first negative figure since October 2025, while the market had expected an increase of 59,000. The U.S. unemployment rate rose to 4.4% in February, a new high since December 2025, slightly higher than the market expectation of 4.3%. U.S. retail sales fell 0.2% month-on-month in January, also marking the first negative figure since October 2025, while the market expected a decline of 0.3%. (Jinshi)