Unemployment Rate Holds at 9.7%
New numbers from the Bureau of Labor Statistics:
Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while temporary help services added jobs. Severe winter weather in parts of the country may have affected payroll employment and hours; however, it is not possible to quantify precisely the net impact of the winter storms on these measures.
The preliminary job loss number from January was 26,000. Time to update the Organizing for America-sponsored unemployment graph.



