After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing another significant increase in U.S. employment in the month of February.
The report showed non-farm payroll employment spiked by 678,000 jobs in February after surging by an upwardly revised 481,000 jobs in January.
Economists had expected employment to jump by 400,000 jobs compared to the addition of 467,000 jobs originally reported for the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.