Economic Data Report: Jobs
Strong Headline, Sobering Revisions
Written by Jonnathan Handshoe, Investment Analyst, on February 11, 2026- US economy added 130,000 jobs in January, well above consensus expectations
- Unemployment rate modestly fell to 4.3% from 4.4%
- Annual benchmark revisions slashed 898,000 jobs from 2025 totals

Jonnathan Handshoe Investment Analyst
Jonnathan Handshoe is an investment analyst at United Community, where he leads due diligence and ongoing oversight of ETFs, mutual funds, and SMA managers. He regularly presents to the Asset Management Council and drives research initiatives that support portfolio construction and manager selection across the organization. Before joining United, Jonnathan was an equity research analyst at CFRA Research, covering more than 40 public companies across the oil & gas and passenger airlines sectors. He developed thesis-driven views supported by detailed financial modeling and published frequent research notes and thematic research reports. Previously, he served as a mortgage underwriter at CIVIC Financial Services, focusing on real estate investment loans. His earlier experience includes credit and operations roles at Lima One Capital and ScanSource, where he analyzed borrower portfolios and supported senior leadership in credit decisions. Prior to joining the financial and investment services industry, Jonnathan began his career in the United States Marine Corps, serving for a decade and deploying to Helmand Province, Afghanistan, where he led teams and supported mission-critical operations. He holds an M.S. in finance from the University of Notre Dame, an MBA from The College of William & Mary, and a B.S. in business administration with a concentration in economics and finance from the University of South Carolina Upstate.
-
This information is for informational purposes only and does not constitute investment advice.
Sources:
GDP – Bureau of Economic Analysis
Employment & Inflation – Bureau of Labor Statistics
Interest Rates – Federal Reserve
P/E S&P 500 – multpl.com
Non-Deposit investment products and services, and Insurance products and services offered through United Community Banks, Inc. are:• NOT Insured by FDIC or Any Other Government Agency;
• NOT Guaranteed by United Community Bank or any affiliate of United Community Bank;
• NOT a Deposit or Obligation;
• Subject to Risk and May Lose Value
This content is not intended as, and shall not be understood or construed as, financial advice, investment advice, or any other advice. This content is provided for informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. United Community shall not be liable for any damages of any kind relating to such information not as to the legal, regulatory, financial or tax implications of the matters referred herein. All views and opinions expressed are those of the writer/commentator and do not reflect the views or positions of United Community.

