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Your business." we have very good news. >> finally. the unemployment rate fell to 8.9%, that is the best unemployment rate since april 2009. and in terms of jobs created in the economy in february, 192,000 jobs. >> wow. >> that is the best since may 2010. december was also revised and of 30,000 jobs in december, a couple of revisions meaning there were more jobs than we thought in recent months. when you go back to february 2010, so over the last year, we have now created in total 1.3 million jobs. that comes out to about 106,000 jobs a month. where were the jobs created? just about everywhere...

Track down his son through facebook. in vandenberg air force base, a failure for nasa. a satellite and the rocket crashed into the pacific shortly after liftoff. a protective shell on the rocket did not separate as planned. there's some encouraging news this morning about the job market. the unemployment rate fell again last no to its lowest level in almost two years. the labor department says the jobless rate for february dipped to 8.9%. now, that is from 9% in january. the economy added 192,000 jobs. that's what's in line with what economists had predicted. we have the professor of econo...

Street. take a look at this. unemployment rate of 8.9%, this is the key headline takeaway. last month we got a surprise number when unemployment fell to 9%. that was a shocker. it was such a shocker most people on the street didn't believe it. expectations for most of the commissions we spoke with was that they expected to see that number pick back up. with 8.9% that's a huge victory. and we spoke with mark zandi earlier today and he said forget about it. the idea that 10%, we were going get back to 10% unemployment, he's taking that off the table now. after giving this confirmation of lower u...

So where are we now? good morning, everybody. it is friday. i'm bill hemmer, welcome here. martha is out, good morning, patti ann. patti ann: hello, i'm in for martha maccallum. and news that the economy could pick up. bill let's hope. stuart varney, how do you see the numbers? >> i see this as a modest positive for the employment situation. you've got 192,000 new jobs created in that month. that's about what was expected, and it's way above what we've been seeing over the fall and winter months. that was enough new jobs to push the unemployment rate down to 8.9%. so you're in that 8 percent r...

192,000. sure, this was a strong report. it shows, that you know, we're finally turning a corner for the jobs sector. especially in the private sector because we've really come very far, but the fact is the economy needs more. millions of people are still out of work, brooke. you know, some say the unemployment rate went down people dropped out of labor force, they got discouraged and they are not count in the unemployment number so that's the reality here that it's really going to take a long time to see true recovery in the job market. >> alison, we just needed your perspective and we apprec...