The US unemployment rate held at 9.7% and payrolls fell less than forecast, indicating the labor market strengthened even as East Coast snowstorms forced some employers to temporarily close. Payrolls dropped by 36,000 in February after a revised 26,000 decrease in January, a Labor Department report showed. Manufacturers added workers for a second straight month, the first back-to-back gain since 2006, while construction companies fired workers. (Bloomberg)
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