The labor market showed the weakest growth in nine months with a meager 88,000 jobs created in February, the Labor Department reported this morning, and a drop in the unemployment rate that was mostly attributable to people giving up.
Job growth had averaged 169,000 a month over the prior year, but the economy appeared stronger through the winter months with an average of 220,000 since November, according to Labor Department statistics. That rate is more in line with what economists say should knock down the unemployment rate.
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