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April payrolls enjoy strongest surge in 2 yrs

Jobless rate falls 0.4 percentage point to 51/2-year low of 6.3%

Published Fri, May 2, 2014 · 10:00 PM
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Washington

JOB growth in the US increased at its fastest pace in more than two years last month, suggesting a sharp rebound in economic activity early in the second quarter.

Non-farm payrolls surged 288,000 last month, the Labor Department said yesterday. That was the largest gain since January 2012 and beat Wall Street's expectations for an increase …

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