Unemployment fell back below the 1000 barrier last month, dropping to 970.
Last month's figure was a 13-year high, but February saw a year-on-year decrease for the first time since August 2008.
It means 2.3% of the economically active population is unemployed.
Treasury Minister Allan Bell says the figure is encouraging.
Resilient workforce 'a key challenge' for DoI
Department's headcount has fallen from 855 to 781
Department defends early release of prisoner after petition calls for resignations
Inmate was released automatically after serving half of sentence as per law
DESC presents 2025-26 Department Plan to Tynwald
Document outlines focus on improving literacy, strengthening inclusion, modernising the curriculum and progressing major capital projects
Audiology drop-ins suspended due to overcrowding safety concerns
Manx Care asks patients to book appointments in advance instead
