Stronger hiring cuts unemployment rate to 7.5 percent, a four-year low - Press of Atlantic City: Breaking News

Stronger hiring cuts unemployment rate to 7.5 percent, a four-year low

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Posted: Friday, May 3, 2013 8:49 am

WASHINGTON — The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought.

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