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Market Update : 
Weaker Job Growth
Author: Elena Todorova
123jump.com
Last Update: 9:12 AM EDT May 05 2006



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The Labor Department said that non-farm payroll employment increased by 138,000 in April following a downwardly revised increase of 200,000 in March. Economists had expected an increase of 200,000 jobs. The report showed that notable job growth was shown by the financial, health care, and manufacturing industries. The Labor Department added that the unemployment rate remained unchanged at 4.7%.

 

 

 

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