DC Unemployment Rate Unchanged In February

WASHINGTON (AP) â¿¿ The unemployment rate in the District of Columbia has held steady at 8.6 percent.

Federal statistics for February show that the percentage remained unchanged from January's rate. The statistics also show that D.C. had a net increase of 3,300 jobs.

Nationally, the unemployment rate dipped to 7.7 percent in February from 7.9 percent in January. The Labor Department said unemployment rates rose in 12 states and were unchanged in 16. Unemployment rates fell in 22 states.

D.C. Mayor Vincent Gray says the latest figures show that the private-sector economy is growing. But he says federal government job cuts remain a concern and a "drag" on overall growth.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Opinion

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

3 New Investing Myths That Must Be Busted

3 New Investing Myths That Must Be Busted

Why a Global Stock Market Crash Is Coming

Why a Global Stock Market Crash Is Coming

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry