Your eyes have not failed you; however, that unemployment rate of 5.6 percent only applies to the healthcare and education sectors, unfortunately. It seems that some good news on the employment situation is much needed, and healthcare typically provides a bright spot. Sadly, the overall national employment rate didn’t budge from 9.7 percent, and the nation lost yet another 36,000 jobs in February, according to the Bureau of Labor Statistics report released today. Healthcare added about 20,000 jobs in February, and the unemployment rate for health care and education is at 5.6 percent. Construction and retail lost jobs, while temporary services showed growth of about 48,000 jobs. Additionally, the BLS reports that the inclement weather may have also affected the employment situation, with severe winter storms causing many people to go without pay for extended periods of time
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Unemployment Rate at 5.6 Percent for February