Daily Economic Indicator: Fed official notes jobs growth

05/23/2010 | Bloomberg

William Dudley, president of the Federal Reserve Bank of New York, said that although the overall economic recovery had not been as rapid as hoped, he was optimistic about the labor market. "The U.S. economy is recovering and we are now seeing the first signs of significant employment growth," Mr. Dudley said. About 290,000 jobs were added in April.

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