Unemployment Hits 4-Year Low: 7.5%

As 165K jobs are added in April

By Evann Gastaldo,  Newser Staff

Posted May 3, 2013 7:56 AM CDT

(Newser) – Today's jobs report beat expectations: The unemployment rate fell to 7.5%, a four-year low, in April, and 165,000 jobs were created. Economists had expected 148,000 new jobs and an unemployment rate holding steady at 7.6%, the Wall Street Journal reports. More good news from the AP: The number of jobs added in March was revised upward to 138,000, and the number added in February was revised upward to 332,000, for a total of 114,000 more new jobs than were previously thought to have been created.

In this Thursday, April 11, 2013 photo, people wait in line before the Dr. King Career Fair at the Empire State Plaza Convention Center in Albany, NY.
In this Thursday, April 11, 2013 photo, people wait in line before the Dr. King Career Fair at the Empire State Plaza Convention Center in Albany, NY.   (AP Photo/Mike Groll)
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