Good News! Umployment Falls Again
The unemployment rate fell once again to 8.9% in February, down from 9% in January. The unemployment rate has fallen nearly a full percentage point in the past 3 months, which is the fastest it has fallen in 28 years.
This is even better news to Economists who predicted that the rate would rise to around 9.2%. The economy gained nearly 192,000 jobs in during the month.
This is no surprise to us in the media world as we have seen an increase in jobs in our industry, and hope to see next month get even stronger. The job outlook is finally starting to look a little brighter!