US Economy Adds 263K Jobs, Unemployment Rate Falls to 7.7%

U.S. hiring was stronger than expected last month. The Labor Department says American companies added 236 thousand jobs in February and the unemployment rate fell from 7.9 to 7.7 percent. That's the lowest level since December 2008 and suggests the U.S. recovery is gaining momentum. But some say the recovery may be short lived. Mil Arcega has more for VOA.