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Published on Friday, May 8, 2015 | Updated on Friday, May 8, 2015

U.S. | Employment Situation Back on Track in April

Nonfarm payrolls increased a healthy 223K following a depressing 85K in March. The unemployment rate dropped to 5.4% as the participation rate increased to 62.8%. Below-average wage growth will continue to hold off the Fed’s rate hike until September