The Bureau of Labor Statistics is reporting that the economy added 236,000 jobs last month and the unemployment rate fell to 7.7 percent, beating analyst expectations.
The Dow posted another record high this morning. The surge came on the heels of a new report from the payroll processing company ADP, which showed that private employers added 198,000 jobs in February.
Alan Krueger, chairman of President Obama's Council Of Economic Advisers, shares his thoughts on what the latest jobs report says about the state of the U.S. economic recovery.