Unemployment: 25-year high

As the economy continues to crumble, the U.S. jobless rate surges. According to the Labor Department, employers slashed 651,000 jobs in February. Valerie Shires of Queens is one such job seeker who says she recently joined the ranks of the unemployed. Diane King reports from New York. SPEAKERS: Robert Brusca, Chief Economist, Fact & Opinion Economics; New York Federal Reserve Bank President, Bill Dudley.