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Unemployment Drops to 7.7 Percent

Melissa200 Wrote: Mar 08, 2013 12:59 PM
My brother, a college graduate who lives in California, was unemployed for THREE YEARS. Yes, three years! He finally found a job selling fast food at Sea World for minimum wage. last week. It's a seasonal job and he's going to be on call, but his job is counted among these wonderful new employment figures. ..

Finally, some good news on the unemployment front. More from CNBC:

Job creation broke out in February, with the economy creating a net 236,000 new jobs as the unemployment rate fell to 7.7 percent.

Private job creation stood at a robust 246,000, finally indicating that the economy may be ready to escape the tight growth range in which it has been held since the financial crisis.

Service industries led the gains with 73,000 new jobs, while construction added 48,000 and health care provided 32,000.

Economists expected the economy...