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Strong job growth in April
Best job gain in six months comes in well above Wall Street forecasts; unemployment rate still 5.2%.
May 6, 2005: 8:33 AM EDT
NEW YORK (CNN/Money) - Employers added far more jobs in April as the latest reading on labor market strength fell easily beat Wall Street expectations.
The Labor Department reported Friday that there was a net gain of 274,000 jobs to U.S. payrolls, compared with a revised 146,000 gain in the March report. Economists surveyed by Briefing.com had forecast a 170,000 gain in April.
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