Jobless rate in U.S. edges down to 7.7%

The jobless rate nationally dipped to 7.7 percent in February, according to the U.S. Bureau of Labor Statistics.

Total nonfarm employment increased by 236,000, with gains in professional and business services, construction, and health care.

In the prior three months, employment had risen by an average of 195,000 per month.

Although the unemployment rate edged downward, there has been scant movement, on net, since September 2012, the Bureau reported Friday.

The number of unemployed persons, at 12 million, also edged lower in February.

The Bureau stated that Professional and business services added 73,000 jobs in February; employment in administrative and support services, which includes employment services and services to buildings, rose by 44,000.

Accounting and bookkeeping services added 11,000 jobs, and growth continued in computer systems design and in management and technical consulting services, the Bureau reported.

In February, employment in construction increased by 48,000. Since September, construction employment has risen by 151,000.

The economic outlook coincide with what the Christie administration has been saying recently about New Jersey, that things are on an upswing with revenue showing improvement.

Earlier story:

State beats revenue forecast for third month

Jobless rate in U.S. edges down to 7.7%