U S job gains lift economy from winter slump
The April report shows 223000 new jobs, lowering the unemployment rate to 5.4 percent from 5.5 percent and the lowest since May 2008. March gains were revised down to 85000, with six-year recovery pace around 2.5 percent and wage growth modest at 2.2 percent over the past year.
MENTIONED IN THIS ARTICLE
Washington
U.S
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USPS posts 1.5 billion loss as shipping booms
The U S Postal Service reports a 1 5 billion net loss for Jan 1 to Mar 31 as mail declines persist though shipping and package services rise 14 4 percent in volume boosting operating revenue by 223 million. Higher costs from labor and retirement contributions limit margins.
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U.S. Postal Service
Postal Service
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