All in one day.
Thank you, president Obama!
Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated, Labor Department figures showed today in Washington. The median forecast of 90 economists surveyed by Bloomberg projected a 140,000 gain. Revisions to the prior two months’ reports added a total of 114,000 jobs to the employment count in February and March.
The jobless rate dropped to 7.5 percent, the lowest level since December 2008, from 7.6 percent in March.