Unemployment Drops to 4.7%

As hard as they will try the Entrenched Media will have a hard time spinning this negatively. That's 5.2 Million jobs added since August 2003.

WASHINGTON (Reuters) — Employers added 211,000 jobs in March and the unemployment rate unexpectedly slipped back to a 4-1/2-year low 4.7%, the government said Friday.

The report is likely to keep concern about potential inflation on the front burner.

The pace of hiring last month was stronger than the 190,000 jobs that had been forecast by analysts, who also had expected the unemployment rate to be unchanged at February's 4.8%.