The Labor Department says the unemployment rate fell to 6.3 percent from 6.7 percent in March. But the drop occurred because the number of people working or seeking work fell sharply. People not seeking work aren’t counted as unemployed.
Employers also added more jobs in February and March than previously estimated. The job totals for those two months were revised up by a combined 36,000.
Job creation is accelerating: Employers added an average of 238,000 jobs the past three months. That’s up from 167,000 in the previous three.
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