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A lots been going on in the news this month, here are some of the highlights (and lowlights).

The New York Times reprinted an old column with a frank look at the history of the unemployment rate, where it came from, how it works, and what it’s flaws are.

Business Week examines unemployment rates across the US and thoughts from Federal Reserve bank President Thomas Hoenig on unemployment and the Fed’s loan rates.

Alison Doyle takes a brief look at the proposed unemployment extension that’s sitting in Congress.

And David Garrison of the Chillicothe Gazetteer has a unique suggestion for creating new jobs.

That’s all for today, see you tomorrow!

Following up on yesterdays mention that the details of the Bureau of Labor and Statistics reports can help with focusing a job search, USAToday has posted an interactive article on how different industries are expected to do in 2010. If you have are looking at relocating this year, have several different industries you can focus your job hunt on, or are considering going back to school for training in a new industry, you might want to take the time to check out this 2010 Job Growth Forecast.

According to USAToday, construction and manufacturing are two of the industries still faces serious job losses in 2010, but even in those industries there are some bright spots – among them Colorado is expected to see increased hiring in both of those industries.

If you are looking to change careers, education and health care are still expecting steady growth nationwide. You may not be ready to go back to school for 2 years to become a nurse or paramedic – but EMT training is far shorter, and can help get a job at a clinic, hospital or ambulance service.

Knowing what industries are hiring in your state, or what state is the best move for your industry, is always useful when making a decision about a job hunt, or a possible move.

The Federal Bureau of Labor and Statistics released unemployment information for February on Friday. At the moment unemployment is holding steady at 9.7 %

It’s important for any job hunter to keep track of the economy and unemployment situation. Knowing that employment is increasing in part time temp work, and falling off in construction can help you target your job search. So take the time each month to read up not just on the national unemployment rate, but the unemployment details the BLS puts out, and the local employment situation in your area.

It is worth noting that the unemployment rate only counts folks who have been actively looking for work in the past 4 weeks. It does not count what the Bureau of Labor and Statistics refers to as ‘discouraged workers’ – those who want employment but have given up trying to find it. The number of discouraged worked has nearly tripled since last February – don’t let yourself become one of them, and if you are, it may be time to rebuild your enthusiasm and try again. As hard as the job hunt can be sometimes, there is a job out there for you, if you keep on looking.

Today, we’ll take a break from our regularly scheduled programming for a brief news update.

First off, while I’m hardly the first to spread the news, according to the Bureau of Labor Statistics, unemployment rates dropped last month – always something worth celebrating.

Probably contributing to the dip in unemployment, BusinessWeek reports that many people are opening their own businesses and becoming self employed. Self employment can be a risky step, but for some people, the return is well worth the risk.

KansasCity.com’s Diane Stafford shares some tips on how to tell you if a company is hiring. These commonsense pieces of advice include looking for local business that are expanding or moving to new facilities, and companies that are putting off important projects.

Finally, Dirk van Djik of Zacks.com points out that while the layoffs are finally slowing down, new jobs aren’t coming back as fast as many of us had hoped.

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