Unemployment Rate Stayed Steady in February

The jobless rate in America held at 9.7 percent in February and employment declined less than forecast. Payrolls dropped 36,000 last month after a 26,000 decrease in January, according to the Labor Department. The February number is significantly better than the 68,000 jobs losses economists were expecting. Though more people entered the workforce, the unemployment rate was unexpectedly unchanged. the Labor Department says. The Obama administration Friday touted that the 36,000 jobs lost in...Full Story
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