February 11, 2026
United States:
US Payrolls Rise 130,000, Jobless Rate Unexpectedly Falls
US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026.
Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday.
Europe:
Euro-Zone Wage Growth Set to Pick Up in Second Half, ECB Says
Euro-area pay growth is set to quicken in the second half of the year, supporting the European Central Bank’s view that interest rates can remain steady.
The ECB’s wage tracker, published Wednesday, predicts salaries will rise by an annual 2.7% in the fourth quarter after advancing 2.6% in the third.
Asia:
China Plans to Boost Power Trade to 70% of Total Consumption
China plans to raise the share of electricity trade to 70% of the nation’s total consumption, according to a Wednesday statement detailing the government strategy for a 2030 unified power market.
The world’s biggest energy consumer, which uses more than double the power of the US each year, aims to expand regional spot power trade to overcome the transmission bottlenecks hampering renewable penetration, the State Council said in the document.
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