For the first time in six months, U.S. employment is on the rise. The Commerce and Labor Departments in a joint report (to eliminate previous conflicting reports) announced that the number of jobless dropped from 3,725,000 in early March to 3,465,000 in early April. The upturn so far was no more than seasonal, and manufacturing employment continued to decline. But it was more than offset by more outdoor jobs.
Much of the gain came from the growing boom in construction. It swelled to $2.8 billion in April, an alltime record for the month. For the first four months of the...
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