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7:32am

Fri March 9, 2012
The Two-Way

Unemployment Rate Stayed At 8.3 Percent In February

Originally published on Fri March 9, 2012 8:53 am

There were 227,000 net jobs added to private and public payrolls last month and the nation's unemployment rate remained unchanged, at 8.3 percent, the Bureau of Labor Statistics just reported.

We'll have more from the report shortly. And watch for the Planet Money blog to add its take later.

Update at 9:50 a.m. ET. White House Comment:

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7:05am

Fri March 9, 2012

6:45am

Fri March 9, 2012
The Two-Way

Unemployment Rate Likely Held Steady At 8.3 Percent, Economists Say

Will more signs such as this be showing up? (Nov. 30, 2011 file photo from San Rafael, Calif.)
Justin Sullivan Getty Images

Here's what to expect at 8:30 a.m. ET when the Bureau of Labor Statistics releases its much-anticipated February jobs report, economists say:

-- "The economy probably created 210,000 jobs last month, according to a Reuters survey, following January's tally of 243,000. The unemployment rate is expected to have held at a three-year low of 8.3 percent."

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6:30am

Fri March 9, 2012
The Two-Way

Deal To Hand Over Prison To Afghans Is Key To Transition, U.S. General Says

Originally published on Fri March 9, 2012 6:34 am

Afghan and American officials today signed an agreement that will hand over control of the main U.S. detention center in that country to the Afghan government.

And the American commander of U.S. and international forces in Afghanistan called the agreement "another example of the progress of transition, and our efforts to ensure that Afghanistan can never again be a safe haven for terrorists."

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6:05am

Fri March 9, 2012
The Two-Way

Greece Takes Critical Step Toward Avoiding Bankruptcy

The European Union flag flies in front of the Parthenon in Athens. Greece's EU partners are about to give it another massive bailout.
Louisa Gouliamaki AFP/Getty Images

The important takeaway from this morning's news about Europe's financial mess:

It seems less likely that Greece will go bankrupt and more likely that it will get another international bailout that hopefully will shore up the nation's economy and prevent a domino-like tumble of other ailing European nations and the unsettling repercussions that could have for the U.S. economy.

As The Associated Press writes:

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