'WASHINGTON (MarketWatch) - The U.S. economy created 165,000 jobs in April and the unemployment rate fell to 7.5% from 7.6% even though the size of the labor force increased, the government said Friday. What's more, hiring in March and February were revised up by a combined 124,000. The increase in hiring in April beat Wall Street's forecast. Economists surveyed by MarketWatch had expected a 135,000 gain, with unemployment remaining at 7.6%. The decline to 7.5% puts the jobless rate at the lowest level since December 2008. Meanwhile, the number of new jobs created in March was revised up to 138,000 from 88,000, the Labor Department said, while February's figure was revised up to 332,000 from 268,000.'
U.S. adds 165,000 jobs; unemployment 7.5% - MarketWatch