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



Published: Fri, May 3, 2013 @ 1:36 p.m.

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.


Comments

1UNCOMMONSENSE(360 comments)posted 1 year, 3 months ago

The silence is deafening...

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2gdog4766(1468 comments)posted 1 year, 3 months ago

Look at this, news like this is driving these rescumlicans crazy!

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376Ytown(1232 comments)posted 1 year, 3 months ago

Wow! 3,000 jobs on average per state. With 22 million officially unemployed it won't be too long before EVERYONE is back to work!

Don't let the wool be pulled over your eyes. 7.5% is the number based on those collecting unemployment benefits. As people who have been on unemployment for the maximum time drop off the rolls, magically the % of unemployed will drop making the picture look even more rosy. Except for those who are still out of work without benefits!

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