AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – The U.S. economy showed in April that it’s healthier than many had feared, adding a solid 165,000 jobs and driving the unemployment rate down a notch to a four-year low of 7.5 per cent.Not only that, but many more people were hired in February and March than previously thought, the Labor Department said Friday.The job gains came despite a global slowdown, Social Security tax increases and federal spending cuts that some had feared would be a drag on the economy.The stock market soared on the news, with the Dow closing up 142 points, or nearly 1 per cent, after briefly breaking 15,000 for the first time in history.Coming after a poor jobs report for March, the figures helped ease fears that U.S. hiring might be slumping this spring for a fourth straight year.“All things considered, 165,000 isn’t the biggest monthly gain in payrolls you’ll ever see, but it’s enough to assuage concerns that the economy had stalled again,” said Paul Ashworth, an economist at Capital Economics.The Labor Department revised upward its estimate of job gains in February and March by a combined 114,000. It now says employers added 332,000 jobs in February and 138,000 in March.The economy has created an average of 208,000 jobs a month from November through April — well above the monthly average of 138,000 for the previous six months.The job market is benefiting from a resurgent housing market, rising consumer confidence and the Federal Reserve’s stimulus actions, which have helped lower borrowing costs and lift the stock market.The unemployment rate edged down from 7.6 per cent in March and has fallen 0.4 percentage point since the start of the year, though it remains high. The Fed has said it plans to keep short-term interest rates at record lows at least until unemployment falls to 6.5 per cent.One cautionary note in the employment report: Most of the biggest job gains were in lower-paying fields, such as hotels and restaurants, which added 45,000 jobs, and retail, which added 29,000. Temporary-help firms gained 31,000 positions.By contrast, construction companies and governments cut jobs. Manufacturing employment was flat.Some higher-paying sectors added workers. Professional and technical services, which include accounting, engineering and architecture, added 23,000 jobs. Education and health services gained 44,000.Average hourly pay rose, but the average workweek for private-sector employees dipped 0.2 hour to 34.4 hours. That meant average weekly paychecks declined.But over the past year, total pay after adjusting for inflation is up a healthy 2.1 per cent, economists said. That should help boost consumer spending in coming months.The job growth is occurring while the U.S. economy is growing modestly but steadily. It grew at a 2.5 per cent annual rate in the January-March quarter, fueled by the strongest consumer spending in two years.The housing recovery is helping drive more hiring. Rising home sales and construction create jobs and increase spending on furniture, landscaping and other services.One company that has benefited is SolarCity, based in San Mateo, Calif. Rising home building has helped increase demand for the solar-power systems the company installs in homes and businesses.CEO Lyndon Rive said SolarCity added 177 jobs in April and will welcome its 3,000th employee Monday. It is hiring engineers, installers and administrative support staff and still has 400 openings.Consumers have been spending more even though their take-home pay was shrunk this year by a Social Security tax increase. On top of that, the economy has been under pressure from the across-the-board government spending cuts that began taking effect March 1. And some small and midsize companies are concerned about new requirements under the federal health care law.Americans’ confidence in the economy jumped last month, lifted by a brighter outlook for hiring and expectations for higher pay, according to the Conference Board, a research group. Cheaper gasoline, the booming stock market and rising home values are also no doubt making people more confident.Home prices rose 9.3 per cent in February compared with a year ago, the most in nearly seven years, according to the Standard & Poor’s/Case-Shiller 20-city index.Still, prices nationwide remain about 30 per cent below their peak during the housing bubble in 2006. They’re back only to where they were in 2003.Yet the global economy, by contrast, is slowing. The European Union warned Friday, for example, that the 17 countries that use the euro will shrink by a collective 0.4 per cent this year. And unemployment in the eurozone is expected to hit an average of 12.2 per cent. In Greece and Spain, it is forecast to reach 27 per cent.In April, more Americans said they had part-time jobs even though they wanted full-time work. That figure rose 278,000 to 7.9 million, reversing a steep drop the previous month.Some economists worry that restaurants, retailers and other companies are hiring more part-timers in preparation for the start of health care reform. Companies with more than 50 full-time employees in 2013 will be required to provide health insurance to their full-time staff next year.The revisions to the March and February figures were unusually large. Retailers, restaurants and hotels added 48,000 more jobs in February than previously reported. They accounted for three-quarters of that month’s revision.The government revises each month’s job totals twice in the following two months. The revisions occur because many companies in the survey submit their responses late.Friday’s report said the number of people who have been unemployed for more than six months dropped 258,000 to 4.4 million. Over the past year, the number of long-term unemployed has declined by 687,000.Some analysts cautioned that April’s job gains don’t necessarily point to faster hiring ahead.“There is little sign in these data to suggest that a marked acceleration in monthly job creation in the months ahead is in the cards,” said Scott Anderson, chief economist at Bank of the West.___Follow Chris Rugaber on Twitter at http://Twitter.com/ChrisRugaber by Christopher S. Rugaber, The Associated Press Posted May 3, 2013 8:31 am MDT Solid job gains reported in April; US unemployment rate down to 4-year low of 7.5 per cent read more

Brooklyn Beckham, Hana Cross, Cruz Beckham, Romeo Beckham, Harper Beckham, David Beckham and Dame Anna Wintour attend the Victoria Beckham show during London Fashion Week  “All three boys used to have contracts with Arsenal,” Mrs Beckham said. “They were going to be footballers so they were signed at a very young age. And they were all really good.“Brooklyn was the first to say that he didn’t want to play any more. And then Romeo decided he didn’t want to do it either. Victoria Beckham has disclosed she is a “self-diagnosed dyslexic”, saying the condition “doesn’t run in our family, it gallops”.Mrs Beckham, the former Spice Girl and a fashion designer, spoke of her pride at building a brand that is not a “vanity project”, as she shared details of life in one of Britain’s most famous families.In an interview with the Financial Times, she said her three sons Brooklyn, Romeo and Cruz each used to have football contracts with Arsenal because of their talent, but had given up despite fearing they would let their father, the former England footballer David Beckham, down.Asked whether she was ambitious for her children, three sons and daughter Harper, Mrs Beckham disclosed: “Dyslexia doesn’t run in our family, it gallops.”Brooklyn, 20, wants to be a photographer, the newspaper reported, while 16-year-old Romeo is training to be a professional tennis player, 14-year-old Cruz is a performer, and Harper, seven, is “a real little tomboy”. “I remember Romeo sitting in the bath getting really upset, saying ‘I don’t want to let daddy down’.”So I told him daddy just wants you to be happy. And now he’s playing tennis. Every day.”In May last year, David Beckham said on television: ‘Harper is playing [football] every Sunday and loves it. The boys don’t play and it’s heartbreaking.“They have a talent but it’s down to Harper now. I get very enthusiastic when watching her.” Brooklyn Beckham, Hana Cross, Cruz Beckham, Romeo Beckham, Harper Beckham, David Beckham and Dame Anna Wintour attend the Victoria Beckham show during London Fashion Week Credit:David M. Benett Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. read more