The previous month has been a very good one for all the job seekers in US. The employers had created around 165k new jobs in April which is a lot better than expected. At this moment the unemployment rate is now just 7.5% after it was 7.6%.
These 165.000 new jobs are the result of the difference between the total number of the new jobs which was 176.000 and the jobs cut in federal, state and local governments areas which was around 11.000.
The economists median forecast was of 148.000 new jobs gains but in the end it was a lot better and beside that the number of temporary workers had increased with around 31.000.