Latest jobs report

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Updated: 3/08 9:32 am
The latest jobs report came out this morning. U.S. employers ramped up hiring in February, adding 236 thousand jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January.

Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

The unemployment rate is now at its lowest level in four years.
 
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