Unemployment Rate Was 8.9 In February, New Data Shows

The unemployment rate ticked down one tenth of a percent to 8.9 in February as 192,000 jobs were added to the economy, a new report from the Bureau of Labor Statistics says.

Job gains were in manufacturing (33,000 jobs), construction (33,000), professional and business services (47,000), health care (34,000), and transportation and warehousing (22,000).

The number of long-term unemployed (out of work for 27 weeks or more) remained at 6 million, or 43.9 percent of all unemployed.

In addition, 2.7 million people were out of work but not counted as unemployed because they hadn’t looked for a job in the last four months. That’s 100,000 less than January, but up from 2.5 million a year ago.

This is the fifth straight month of modest increases in jobs; since October 2010, the economy has added about 800,000 jobs.