Unemployment dips to 8.9 percent


About 192,000 new jobs were added in February and the unemployment rate dipped to 8.9 percent, the U.S. Bureau of Labor Statistics reported today.

Job gains occurred in manufacturing, construction, professional and business services, health care, and transportation and warehousing.

There were 13.7 million unemployed people in February.

The number of people who lost jobs and those who completed temporary jobs, 8.3 million, continued to trend downward in February. The number has fallen by 1.2 million during the past 12 months.

The number of long-term unemployed was 6 million and it accounted for 43.9 percent of the unemployed.

The number of people employed part time for economic reasons was essentially unchanged, at 8.3 million, in February. These people were working part time because their hours had been cut back or because they were unable to find a full-time job.

In February, 2.7 million people were marginally attached to the labor force, up from 2.5 million a year earlier.

Click here for the full release.


The Reopening Continues

The widespread reopening continues.

Management in Uncertain Times

Reinforcing and following your vision.

Using Data to its Fullest Extent

Today’s marketing is more data-driven science than art.

Approaching Carbon Neutrality

Correct Craft aims for carbon neutrality by 2025.

The Industry’s Advocacy Priorities

NMMA’s president shares its two chief advocacy priorities.

Off the Hook

The iPhone is the key to a waterborne July Fourth weekend.

Brunswick Acquires Navico

Navico joins its Advanced Systems Group.

Switching Things Up

Digital switching sys­tems are becoming the industry norm.

The Case for Gender Equality

Is the marine industry doing enough?