Thursday, May 3, 2007

April U.S. Job Gain Was Probably Smallest in Two Years, Jobless Rate Rose

(Bloomberg) -- The U.S. economy last month probably added the fewest jobs in two years as homebuilders and manufacturers fired workers, economists said before a government report today.

The projected 100,000 increase in payrolls would follow a 180,000 gain in March, according to the median estimate of 85 economists surveyed by Bloomberg News. The jobless rate is forecast to rise to 4.5 percent from the prior month's 4.4 percent, which matched a five-year low.


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