Unemployment Dips

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Friday, March 4, 2011 - 12:38pm

192,000 new jobs created last month.

The unemployment rate for February dropped a tenth of a percent to 8.9 percent, with 192,000 new jobs created.

There were more jobs in construction, manufacturing and positive adjustments from two months before.

Still, some economists remain concerned.

"What is the labor force? What's the labor force participation rate? It's just not been moving," says Mesirow Financial's Diane Swonk.

Ongoing debate over the federal budget could also have a negative impact.

Experts have warned that many of the proposed cuts would cost hundreds of thousands of jobs.
 

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