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Jobless rate edges down to 7.5 percent

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The federal government’s Bureau of Labor Statistics released the unemployment numbers for April this morning, showing that the official rate has declined to 7.5 percent, down from 7.6 percent last month. The rate was 7.9 percent at the beginning of the year. The total number of unemployed was put at 11.7 million, down 673,000 since January.  That’s the good news. The bad news is that the...

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