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.
Hospital patients urged to pack photographic ID
Manx Care says it's due to border implementations if they need to be transferred to the UK
DEFA decision not to respond to FOI deemed 'inappropriate'
It wanted to see correspondence with RTC referring to the use of racist language
Isle of Man Ferry Terminal in Liverpool upgrade delayed again
Contractors have been unable to source an alternative barge
Mountain Road to remain closed
Route saw snow and freezing temperatures overnight
Extending MiCards could cost £60,000, says treasury minister
MHKs call for switching-off of benefit payment service to be delayed
