U.S. Economy Adds 165,000 Jobs In April; Hiring In Last Two Months Stronger Than Originally Thought
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.
Click here for reuse options!Copyright 2013 Liberaland
Leave a Reply
You must be logged in to post a comment.