In a convincing sign that economic recovery is translating into more jobs in the nation, the economy added 290,000 jobs in April, according to a report released by Bureau of Labor Statistics.
According to latest figures from the Labor Department, U.S. employment showed the maximum growth in the month of March after a period of three years. Employers added 162,000 new jobs to payrolls.
Labor Department’s latest report on inflation shows some respite in U.S. economy as inflation increased only by 0.2 percent. The latest figures for the month of January and are below analysts' expectations.