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U.S. Unemployment Rate Falls to 8.9%
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U.S. Unemployment Rate Falls to 8.9%
After months of disappointment, the U.S. labor market showed signs of vigor in February as job growth accelerated and the unemployment rate fell for the third straight month to 8.9%. Nonfarm payrolls grew by a seasonally adjusted 192,000 in the month, the fastest pace since last May, the Labor Department said Friday.
3/4/11 1:14pm ET - Marketwatch
 
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