Number of Jobs Rises, Unemployment Rate Falls
Washington, DC, May 3, 2013 -- Employers created 165,000 jobs in April and the unemployment rate fell to 7.5% from 7.6%, according to the Labor Department.
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The number was well ahead of expectations for an increase of 135,000 jobs.
In addition, the government said the size of the labor force increased, and hiring in March and February were revised up by a combined 114,000.
The unemployment rate is now at the lowest level since December 2008.