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Unemployment rate drops to 7.5%

(ABC)  -  The Labor Department says employers added 165,000 new jobs last month.
The unemployment rate ticked down to 7.5 %, from 7.6 % the previous month.
   
It is now at a 4-year low.
As ABC's Lana Zak shows us the good news keeps coming.

From Wall Street to Main Street, the U.S. economy is having a good day .
According to today's Labor Department report: 165,000 jobs were added in April.

And topping it off-- the revised job numbers from March and February show another 114,000 jobs added.

Jeff Macke, Yahoo Finance,
Really the whisper number was  closer to 120,000 or something like that  and so to  Come in 165, that is great! This is a huge rally based on a number that..

Feeding off of those strong employment numbers, the Dow Jones raced into record territory-passing the 15,000 mark for the first time.

Today America's next generation of financial leaders, Junior Achievement were all smilies as they rang the opening bell on the Stock Exchange.

But for most Americans, their biggest investment isn't on Wall Street, its on their street.  Housing numbers rising from Phoenix to Atlanta -- home
prices *surging* -- up 9.3 % -- the biggest jump in 7 years

And the unemployment rate is now down to 7.5% from a high of 10% in Oct 2009

At job fairs like this one in Northeast  Wisconsin--employers say they are ready to hire.
And while the economy may be looking better, it's still all a matter of expectations.

Jeff Macke, Yahoo Finance,
**I think we're doing better than the rest of the world and for now, that's good enough.