Economy Adds More than 200,000 Jobs

By: Associated Press
By: Associated Press

Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to 9 percent in part because some people resumed looking for work.

The Labor Department says the economy added 244,000 jobs last
month. Private employers shrugged off high gas prices and created
268,000 jobs - the most since February 2006.

The gains were widespread. Retailers, factories, financial
companies, education and health care and even construction
companies all added jobs. Federal, state and local governments cut
jobs.

The data suggests businesses are confidence in the economy despite weak growth earlier this year.

Still, unemployment increased slightly from the 8.8 percent in
March. It was the first increase since November.


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