GREAT AGAIN? US Economy Adds 263K Jobs, Unemployment Hit 49-Year Low in April; Wages RiseHiring jumped in April as U.S. employers added 263,000 jobs, a strong gain that suggests businesses have shrugged off any concerns the economy may slow this year.
The Labor Department says the unemployment rate fell to a new five-decade low of 3.6%, though that drop partly reflected an increase in the number of Americans who stopped looking for work.
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