US Payrolls Rise, While Unemployment Slides
February and March payrolls were revised up by a combined 53,000</br></br>Unemployment rate falls to its lowest level in more than three years</br></br>Labor force participation rate slips to lowest level in more than 30 years</br></br>WASHINGTON (Dow Jones)--U.S. job growth slowed again in April and more Americans dropped out of the work force, a fresh sign that the economy could be settling into a sluggish spring.</br></br>Nonfarm payrolls grew by 115,000 last month, the Labor Department said Friday. The unemployment rate, obtained by a separate survey of U.S. households, ticked down a tenth of percentage point to 8.1%.