Unemployment fell to 9.7%
The jobless rate in the U.S. held at 9.7 percent in February and employment declined less than forecast, even as severe winter weather forced some employers to temporarily close. Payrolls dropped 36,000 last month after a revised 26,000 decrease in January, figures from the Labor Department in Washington showed today. Employment fell in construction and increased at temporary-help service.
Now wait one minute! Wasn't unemployment 9.5% 2 months ago? If so, then how is 9.7 "holding the line?