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US Economy Creates Most Jobs in Four Years

   VOA News 07 May 2010

   The U.S. economy gained 290,000 jobs in April, the biggest monthly job
   creation total in four years.
   Friday's  closely  watched  report from the Labor Department also says
   the unemployment rate edged up to 9.9 percent.
   The  two-tenths-of-a-percent  increase  in the unemployment rate is an
   ironic  side-effect  of a recent flurry of positive economic reports.Â
   Those  reports  apparently  encouraged  805,000  unemployed  people to
   resume  their job hunt.  In the United States people are only counted
   as  unemployed  if they are actively looking for work, so the surge in
   job-seekers raised the official jobless rate.
   U.S.  President  Barack  Obama called the job growth "very encouraging
   news,"  but also said it will take time and a lot of work to solve the
   nation's unemployment problems.

   Some  information  for  this report was provided by AP, AFP, Bloomberg
   and Reuters.

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