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A job seeker, right, meets with a prospective employer at a career fair in New York City on Oct. 24, 2012. REUTERS/Mike Segar

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Economy adds 236,000 jobs, rate falls to 7.7 percent

U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low, suggesting the economy is gaining traction despite the blow from higher taxes and deep government spending cuts.

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