Revelio Public Labor Statistics (RPLS)

Non-farm employment measures the total employment in the US (public and private) leveraging individual level data collected from online professional profiles. The monthly change in this total employment is a proxy for number of jobs added in the economy during the month. In February, the US economy lost about 17 thousand jobs, predominantly driven by losses in Retail Trade and Leisure and Hospitality.

Labor demand continues to cool in the US, as the number of active job postings across the country ticked downwards again in February. Nearly all industries experienced a net decrease in job openings, with the largest declines in percentage terms occurring in the Transportation & Warehousing, Construction, and Public Administration.

While the hiring rate continued to tick downward in February, attrition remained steady, leading to the decrease in net job creation. Some of the larger month-on-month slowdowns in hiring were seen in Public Administration, and Mining, Quarrying & Oil, and Professional and Business Services. Overall, the US labor market remains close to stall speed when it comes to hiring new workers.

Salaries from new job postings ticked down slightly in February, decreasing by 1.4% from January 2026. Sectors driving the decline were Leisure and Hospitality, Retail and Manufacturing.

Layoffs data are based on mass layoff events in the WARN notices. The WARN act requires businesses with 100 or more full-time workers must issue advance layoff notices if they plan to lay off at least 50 employees. The notices should be handed to employees and submitted to the Department of Labor 60 days in advance. The number of employees notified with layoffs declined in February. Layoffs in February were concentrated in the manufacturing sector.