Unemployment Rate Hits A Seven-year Low

The economy added 223,000 jobs in April while the unemployment rate fell slightly to 5.4 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 230,000 jobs to be added. The unemployment rate is now at a seven-year low. Professional and business services added 62,000 jobs, while health care added 45,000 and construction added 45,000.

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