U.S. Payrolls Gained 288,000; Jobless Rate 6.3%
The American economy gained steam in April, adding 288,000 jobs, while the unemployment rate fell to 6.3 percent, the lowest rate since 2008.
After a sharp slowdown in December and January, and a modest improvement since then, economists had been forecasting a healthy gain for April as consumer and business activity rose in tandem with temperatures in many parts of the country.
The consensus among economists polled by Bloomberg before the Labor Department’s announcement Friday morning called for an increase of 218,000 in nonfarm payrolls, with the unemployment rate falling by 0.1 percent to 6.6 percent.
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http://www.nytimes.com/2014/05/03/business/economy/april-jobs-data-released-by-labor-department.html?emc=edit_na_20140502
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