A solid job creation report for April and a fall in the jobless rate to 7.5 percent sweetened the picture for the US economy Friday, amid worries that it has tumbled into a "spring swoon."
Job seekers line up to meet with a recruiter during a job fair at the Alameda County Office of Education in Hayward, California on April 24, 2013. The US economy added a solid 165,000 jobs in April, and the unemployment rate fell from 7.6 percent to 7.5 percent, its lowest level since December 2008, the Labor Department said.
The Labor Department said the economy added a firm 165,000 jobs last month, and revised sharply upward the numbers for February and March, adding 114,000 net new positions to the previously reported data.
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