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"A comprehensive, collaborative elections resource."
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Big jump in new jobs [288,000 in April, Unemployment falls]
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Contributor | PragCon 3.0 |
Last Edited | PragCon 3.0 May 07, 2004 09:06am |
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Category | News |
News Date | Friday, May 7, 2004 06:00:00 AM UTC0:0 |
Description | Employers added 288,000 jobs to their payrolls in April as the nation’s unemployment rate slipped to 5.6 percent, reinforcing hopes for a sustained turnaround in the jobs market that had lagged for so long.
Payrolls have risen now for eight straight months, with 867,000 new jobs created so far this year, the Labor Department reported Friday. The strengthening jobs market comes just in time to aid President Bush’s re-election efforts, which were in question a few months ago based on his economic record.
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