Hiring Up, Jobless Rate Falls To 7.5%

job seekers: unemployment falls
job seekers: unemployment falls

By Christopher S. Rugaber

WASHINGTON -- U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent.

The report Friday from the Labor Department was a reassuring sign that the U.S. job market is improving despite higher taxes and government spending cuts that took effect this year.