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JUDY WOODRUFF: As we mentioned, a strong monthly jobs report has exceeded expectations, signaling that more Americans are returning to the labor market this year, as coronavirus cases continue to wane. Geoff Bennett has the story. GEOFF BENNETT: Judy, this job report is the second in a row to beat economic forecasts. At the White House today, President Biden spoke about the strong gains. JOE BIDEN, President of the United States: We have learned that, in February, our economy created 678,000 new jobs, 678,000 new jobs. Over the course of my presidency, our economy has now created 7.4 million jobs, more jobs created in a 13-month period than at any time ever before in our history. And we have learned that, in February, the unemployment rate fell to 3.8 percent, down from 6.4 percent the day I took office. GEOFF BENNETT: And to unpack it all for us, were joined by Jared Bernstein, who serves on the White House Council of Economic Advisers. Its great to have you