Economy Added 288,000 Jobs In April; Unemployment Falls To 6.3 Percent

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"Economy Added 288,000 Jobs In April; Unemployment Falls To 6.3 Percent"

The economy added 288,000 jobs in April while the unemployment rate fell to 6.3 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 210,000 jobs to be added. It was the best report since September 2008.

Past months were revised upward, with February’s jobs rising to 222,000 and March’s to 203,000, adding an extra 36,000 for both months than previously reported.

Job gains in April were led by 75,000 added to professional and business services, 35,000 to retail, 33,000 to food and drinking places, 32,000 to construction, and 19,000 to health care. The government also added 15,000 jobs, which makes three months of job growth in the public sector.

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