Breaking News

US Unemployment Rate Drops

May 3, 2013

Economy adds 165,000 jobs in April.

The US economy continues its slow but steady rebound from the depths of the Great Recession which ended more than three years ago. US employers continued to add jobs in April, at a pace above forecasts but still relatively slow, according to the US Labor Department, which reported today that 165,000 jobs were added for the month, and that the unemployment rate fell to 7.5% from 7.6%.

The jobs number is an improvement over March, when employers added 138,000 jobs. But it's hardly impressive at this point in the labor market recovery, which began three years ago.

  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Take The Hint

    Take The Hint

    Christine Esposito, Associate Editor||March 13, 2017
    Water brand forays into sun protection by capitalizing on scent and experience.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?