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
Unemployment Hits 4-Year Low: 7.5%
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)

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. (More jobs report stories.)

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