Finance

Feb. job report shows unemployment rate down, concerns raised on economic

LITTLE ROCK, Ark. - The country's unemployment rate is down but there are new concerns about the strength of the economy after a disappointing jobs report for February. 

The numbers out today show US employers added just 20,000 jobs last month. 

That's well below forecasts and a steep dropoff from January, which saw an addition of more than 300,000 jobs. 

Some analysists though caution against reading too much into one report. 

"You always have to look at jobs numbers in sort of a three-month group. If you average it out, we had a great January, a really terrible February  - that's in part because of weather, warmer weather, and then colder weather. If you average it out across three months, that's 186,000 a month," says Rana Foroohar, Financial Times Global Business Columnist.

Still, employers have been wary of recent stock market volatility, a ballooning federal deficit and political battles like the one that triggered the recent 35-day government shutdown.   


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