The U.S. economic recovery continued to chug along as employers added jobs for a third-straight month.
The economy created a robust 244,000 jobs in April across a wide range of industries, according to a Labor Department report Friday. Gains in private-sector hiring — 268,000 jobs — was especially encouraging, although the number was offset slightly by jobs lost in state and local governments.
U.S. employers added 114,000 jobs in September, the Labor Department reports. And the unemployment rate fell to 7.8 percent, marking the first time since President Obama took the oath of office in January 2009 that the U.S. jobless rate is under 8 percent.
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