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.
Assisted Dying Bill is compliant with European human rights laws, insists mover
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Local charity reacts to results of study funded by Cancer Research UK
Local charity now registered for medical operations
Hyperbaric Chamber Facility plans to soft launch later this year
Douglas Council to keep non-Christmas lights up until February
Local authority says it can have a 'positive' impact on residents' wellbeing
