Labor Department

Labor Department: Not only that, but many more people were hired in February and March than previously thought, the Labor Department said Friday, according to 660 News. The stock market soared on the news, with the Dow closing up 142 points, or nearly 1 per cent, after briefly breaking 15,000 for the first time in history and WASHINGTON The U.S. economy showed in April that its healthier than many had feared, adding a solid 165,000 jobs and driving the unemployment rate down a notch to a four-year low of 7.5 per cent. The job gains came despite a global slowdown, Social Security tax increases and federal spending cuts that some had feared would be a drag on the economy. (www.immigrantscanada.com). As reported in the news.