Jobs are up, but hiring is slowing - here’s what’s really going on
Feb 12, 2026
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The economy is growing, but job growth is hitting the brakes. Here’s why…
In this episode of Stocks in Translation, Schwab Center for Financial Research Macro Research & Strategy Head Kevin Gordon joins host Jared Blikre and Yahoo Finance Senior Reporter Brooke DiPalma to break down the job market in 2026. They explore the rise in payrolls amid slowing hiring, the concept of a “jobless expansion,” and what it means for investors. From sector rotation to market breadth, Gordon explains how these shifts could impact your portfolio and strategy.