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Saturday, May 4, 2013

Employers add jobs, U.S. economic outlook brightens

WASHINGTON — Employers added a surprising 165,000 jobs in April, helping to push down the unemployment rate to a four-year low of 7.5 percent, the government said Friday in a report that included sharp improvements to prior months.

“The jobs report was a pleasant surprise. Job growth is slowing, but not as much as feared,” said Mark Zandi, the chief economist for forecaster Moody’s Analytics. “The decline in unemployment is also encouraging, particularly because it was driven by an increase in jobs.”

Read more here: Employers add jobs, U.S. economic outlook brightens | Job News |

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