U.S. Unemployment Slips Below 9%
The U.S. unemployment rate fell to 8.9 percent in February, the third straight monthly decline and putting it below 9 percent for the first time since April 2009.
The U.S. unemployment rate fell to 8.9 percent in February, the third straight monthly decline and putting it below 9 percent for the first time since April 2009.
But even with that improvement, 13.7 million Americans remain unemployed, almost double pre-recession levels.
–JCL
TRUTHDIG’S JOURNALISM REMAINS CLEARThe BBC:
The US unemployment rate fell slightly to 8.9% in February, down from 9% the month before.
It is the third month in a row that the jobless rate has fallen, with February’s figure marking a near two-year low.
Employers added 192,000 jobs last month, the US Labor Department said, above market expectations.
Paul O’Neill, former US Treasury Secretary, described the data as “very positive”.
The storytellers of chaos tried to manipulate the political and media narrative in 2025, but independent journalism exposed what they tried to hide. When you read Truthdig, you see through the illusion.
Support Independent Journalism.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.