The national unemployment rate continued to rise sharply in February. A total of 651,000 new claims for unemployment benefits were filed, and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.
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