Non-Farm Outlook: Government Shutdown and AI Disruptions Intertwined, Difficult to Discern the "True Trend" of Non-Farm Data

CycleProphet · 2026-02-11T11:41:30+00:00

Economists expect the January non-farm employment report to show almost no change in employment, with the unemployment rate remaining steady at 4.4%. Experts point out that data adjustments and economic uncertainties make it difficult to make judgments, and the impact of artificial intelligence on the labor market could exacerbate this trend.

CycleProphet

2026-02-11 11:41:30

Abstract generation in progress

Deep Tide TechFlow News, February 11 — According to Jinshi Data, economists expect the latest non-farm payroll report to show that employment growth in January has nearly stalled, with the unemployment rate expected to remain steady at 4.4%. Additionally, traders will closely watch a batch of revised data released by the Bureau of Labor Statistics, which may reveal the true state of the U.S. labor market and economy. Evercore ISI Head of Economics and Central Bank Strategy Krishna Guhar stated, “Due to data adjustments following the government shutdown and the prevailing economic uncertainties, it is currently difficult to accurately determine the direction of labor force data.” He added, “The relationship between economic growth and employment seems to be weakening… partly due to uncertainty, and we believe another part may be related to some long-term impacts of artificial intelligence on the labor market.”

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