U.S. Economy Adds 165,000 Jobs In April; Hiring In Last Two Months Stronger Than Originally Thought

Posted by | May 3, 2013 10:12 | Filed under: Top Stories


The economy is looking up.

The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent.

The report Friday from the Labor Department was a reassuring sign that the U.S. job market is improving despite higher taxes and government spending cuts that took effect this year.

The only sectors of the economy that cut jobs last month were construction and government.

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Copyright 2013 Liberaland
By: Cheston Catalano

Cheston Catalano is a Kentucky-based journalist whose work has been featured in the Chattanooga Times Free Press and the Clarksville Leaf Chronicle. He is a long-time contributor to Liberaland.

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