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February's jobless rate was 12.2 percent from 12.4 percent the previous month, but the more encouraging news was the addition of 96,500 payroll jobs. That's almost as much as the total created for the previous 11 months. L.A. County data comes out later this morning. Here's the BLS press release.
More by Mark Lacter:
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Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.