US employers add 165K jobs; rate falls to 7.5 pct.


US employers add 165K jobs; rate falls to 7.5 pct.

WASHINGTON (AP)— The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. The job growth in April drove down the unemployment rate to a four-year low of 7.5 percent and sent a reassuring sign that the U.S. job market is improving. Coming after a poor jobs report for March, the figures the government issued today helped ease fears that U.S. hiring might be slumping this spring for a fourth straight year.

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