US employers add 165K jobs; rate falls to 7.5 pct. - WNCT

US employers add 165K jobs; rate falls to 7.5 pct.

Posted: Updated:
WASHINGTON DC (WFLA) -

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.

The only sectors of the economy that cut jobs last month were construction and government

The government revised up its estimate of job gains in February and March by a combined 114,000. It now says employers added 332,000 jobs in February and 138,000 in March. The economy has created an average of 208,000 jobs a month from November through April - above the 138,000 added in the previous six months.

An additional 210,000 people started looking for work in April, and many of them found jobs.

Stock futures rose immediately after the jobs report was released at 8:30 a.m. Eastern time.

The unemployment rate has fallen 0.4 percentage point since the start of the year, though it remains high. The Federal Reserve has said it plans to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent.

A fire overnight at the Labor Department's headquarters shut down the building for most employees. Members of the media were allowed in for the release of the report.

  • 8 On Your SideMore>>

  • TPD homicide detective under federal criminal investigation

    TPD homicide detective under federal criminal investigation

    Tuesday, April 22 2014 6:55 PM EDT2014-04-22 22:55:30 GMT
    Tampa Police Officer Eric Houston, who is working at a crime scene in this file photo, is under federal investigation.Tampa Police Officer Eric Houston, who is working at a crime scene in this file photo, is under federal investigation.
    The feds are investigating one of Tampa Police Department's lead homicide detectives. Officer Eric Houston, who is one of the lead detectives in the Julie Schenecker murder investigation, is under federal criminal investigation. 
    The feds are investigating one of Tampa Police Department's lead homicide detectives. Officer Eric Houston, who is one of the lead detectives in the Julie Schenecker murder investigation, is under federal criminal investigation. 
  • New Port Richey soldier says squatters won't leave his home

    New Port Richey soldier says squatters won't leave his home

    Tuesday, April 22 2014 4:01 AM EDT2014-04-22 08:01:42 GMT
    Soldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photoSoldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photo
     When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
    When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
  • Tampa homeowner says Duke Energy is a bully for taking her oak tree

    Tampa homeowner says Duke Energy is a bully for taking her oak tree

    Monday, April 21 2014 5:34 PM EDT2014-04-21 21:34:15 GMT
    Neda Dandache and her family love their backyard oasis, even though a gigantic Duke Energy transmission tower abuts their backyard. Oak trees block that view, for now, and give them shade.The trees have never been an issue, but now, Duke wants them gone. Dandache says Duke's forester told her they may cause a problem - seven years from now."
    Neda Dandache and her family love their backyard oasis, even though a gigantic Duke Energy transmission tower abuts their backyard. Oak trees block that view, for now, and give them shade.The trees have never been an issue, but now, Duke wants them gone. Dandache says Duke's forester told her they may cause a problem - seven years from now."
  • Most Popular StoriesMost Popular StoriesMore>>

  • New Port Richey soldier says squatters won't leave his home

    New Port Richey soldier says squatters won't leave his home

    Tuesday, April 22 2014 4:01 AM EDT2014-04-22 08:01:42 GMT
    Soldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photoSoldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photo
     When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
    When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
  • Mom bites off dog's ear to save daughter during attack

    Mom bites off dog's ear to save daughter during attack

    Tuesday, April 22 2014 2:49 PM EDT2014-04-22 18:49:19 GMT
    Image from CNN/KHOU-TVImage from CNN/KHOU-TV
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...
  • Hope the dog: Burns are 90% healed

    Hope the dog: Burns are 90% healed

    Tuesday, April 22 2014 6:07 PM EDT2014-04-22 22:07:14 GMT
    Hope's burns are 90% healed. Hardee County Animal Rescue Facebook page photoHope's burns are 90% healed. Hardee County Animal Rescue Facebook page photo
    We have some good news to report about Hope, the little 1-year-old dog that won over the hearts of many after she was doused with kerosene and lit on fire.
    We have some good news to report about Hope, the little 1-year-old dog that won over the hearts of many after she was doused with kerosene and lit on fire.
Powered by WorldNow

3221 South Evans Street
Greenville N.C. 27834

Telephone: 252.355.8500
Fax: 252.355.8568
Email: newsdesk@wnct.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.