Unemployment Rate Declines to 7.5%, 165K Jobs Added

May 3 (Bloomberg) -- Bloomberg's chief Washington correspondent Peter Cook reports that the U.S. added more jobs than forecast in April as the jobless rate unexpectedly declined to a four-year low of 7.5 percent. Employers added 165,000 workers last month following a revised increase of 138,000 in March. He speaks on Bloomberg Television's "In The Loop."

Draghi Says Firmly Convinced of Need for ECB Support
01:54 - European Central Bank President Mario Draghi spoke about the need for continued monetary policy support for the Euro Area. Draghi's comments came as part of a hearing at European Parliament in Brussels. (Source: Bloomberg)
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