US: Payrolls slide and participation drop – UOB

AI Briefing

• – US Non-farm payrolls dropped 92,000 in February, the largest decline since October 2025, according to UOB's Global Economics & Markets Research.
• – The decline marks a setback in the US jobs market.
• – Payrolls have been declining since November 2022, with a total drop of over 912,000 since then.