U.S. Payrolls Increased 216,000; Jobless Rate at 8.8%

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April 1 (Bloomberg) -- The U.S. economy added more jobs than forecast in March and the unemployment rate declined to a two-year low of 8.8 percent. Payrolls increased by 216,000 workers last month after a revised 194,000 gain the prior month, the Labor Department said today in Washington. Bloomberg's Lizzie O'Leary, Jon Erlichman and Michael McKee report. (Source: Bloomberg)

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