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Director / Editor: Victor Teboul, Ph.D.
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US Unemployment Drops

The U.S. unemployment rate dropped to its lowest level in more than five years in April, while the economy had the biggest net gain in jobs in two years. Friday's report from the Labor Department says the U.S. jobless rate dropped four-tenths of a percent to 6.3 percent in April.The economy had a net gain of 288,000 jobs.Both figures were better than economists had predicted. The upbeat report on the job market is a sharp contrast to recent disappointing figures on overall economic...


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