Contact Us

Unemployment at Two-Year Low

The national numbers on unemployement are out and the White House is thrilled.  The jobless rate has dropped to eight-point-nine percent which is the lowest rate since April of 2009. This is the third straight month the unemployment rate has gone down.  The jobless rate for February was down a tenth of a percent from January.

Courtesy of Justin Sullivan, Getty Images.

The report also said that 192-thousand new jobs were created in the month of February with the construction and manufacturing sectors contributing to that total with 30-thousand jobs each.  In addition, 45-thousand jobs were added to professional and business services.  Meanwhile, more than 13-and-a-half-million people remain unemployed in America.

Coupled with the strong job data and fears subsiding over the oil supply, Wall Street stocks were much better yesterday.  The Dow gained 191-points, the S&P 500 rose 23 points and the Nasdaq gained 51 points.  Light, sweet crude oil was the only thing that didn’t go up.  (Thank god!)  Oil fell by 32 cents to end up at 101-dollars-91-cents a barrel.

Best of WGNA

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Fanatics quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Fanatics contests, events, coupons, presales, and much more delivered to you for FREE.