Analyst: The weakening trend in the job market has become apparent, and the non-farm payrolls data may gradually reflect this reality.

**February 11 – Investinglive analyst Justin Low noted that U.S. private data firm Revelio Labs estimates January nonfarm payrolls fell by 13,300 at the start of the year. The firm also sharply revised December’s figure down to a 34,400 gain (from an earlier 71,100 increase).** **This isn’t an official nonfarm payroll “estimate”—it’s a directional indicator of broader labor market trends. Revelio’s metrics draw from 100+ million professional social media profiles (including LinkedIn). While its methodology looks unconventional, it’s a solid read on the labor market’s overall trajectory.** **That said, tonight’s official nonfarm payrolls report is unlikely to show negative growth—but the trend is clear: the labor market is cooling. Amid the current economic backdrop, nonfarm payrolls will keep reflecting this reality over time.** **When assessing market reactions to tonight’s data, remember: one data point doesn’t make a trend. (FXStreet)**