The U.S. Bureau of Labor Statistics’ unemployment rate dropped to 5.9 per cent, down from 5.8 per cent a year ago.
The number of people who said they were out of work fell by 7.5 per cent to 2.8 million.
And the number of Americans filing for unemployment benefits fell to 685,000, from 694,000 a year earlier.
The jobs data, from a survey conducted last week by Experian, also show that the number who were actively looking for work rose by a net 7,000 in February, from 5,800 to 6,200.
The unemployment rate for those aged 25 to 54 declined from 7.1 per cent in February to 6.9.
The jobless rate for men aged 25 and older dropped from 8.3 per cent last year to 6 per cent this year.
It’s also down from 8 per cent.
The rate for people aged 65 and over rose from 7 per cent three years ago to 8.5 in February.
It was unchanged from February, when it was 8.8.
“Our economy continues to improve and we are working hard to increase employment and wage growth,” said President Donald Trump at a news conference on Friday.
“This month we have added an estimated 10,000 new jobs.”
However, Trump also noted that “the unemployment rate has risen for the sixth consecutive month, the highest monthly increase since February 2014.”
He also warned that “our economy will be stronger and stronger when we add jobs,” adding that he wants to see a “balanced approach to the economy.”
The president’s comments come amid a slowdown in economic growth and job creation.
The BLS also reported that manufacturing output grew by just 0.6 per cent at a seasonally adjusted pace in February from January, the first increase in more than two years.
But the jobs report, which is released every three months, shows that there are still a number of jobs still open.
There were 8,000 more jobs in February than the year before, up from 6,800 the year earlier and 8,800 from January.
This means the number available to workers has risen by 9,000.
The employment rate for non-farm payroll employment fell from 6.6 to 5 per cent from January to February.
That’s down from 7 percent the year prior.
The non-wage payroll employment rate, a key indicator of how many people are working part time, also fell from 5 per 50 workers to 4.5 percent.
And that was a sharp decline from January when it stood at 6.8 percent.