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Unemployment rate at 5.4...Stocks surge higher...Cameron emerges stronger



Estimated read time: 2-3 minutes

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WASHINGTON (AP) — Not since May of 2008 has the nation's jobless rate been this low -- 5.4 percent. It dropped a tenth of a point in April, as employers added 223,000 jobs. The gains signal that companies are confident enough to hire at a steady pace. And it could help fuel an economic rebound after a January-to-March quarter in which the economy is believed to have shrunk. But the job growth isn't yet raising worker pay very much. Average hourly wages rose just three cents last month to $24.87.

NEW YORK (AP) — Stocks are surging in early trading after today's encouraging jobs report. The Dow industrials gained more than 200 points in the opening minutes of trading. Stocks yesterday closed moderately higher after two days of declines.

LONDON (AP) — Neither party was supposed to win a majority in yesterday's British elections -- but not only did the Conservative Party win a majority, Prime Minister David Cameron emerges in an even stronger position than before. He announced his new government today after meeting with Queen Elizabeth. Pre-election polls had shown the Conservatives locked in a tight race with the opposition Labor Party, suggesting that it might take weeks of negotiations to form a government.

DOVER, Del. (AP) — Police in Delaware have released dashcam video showing a white police officer kicking a black suspect in the face as the suspect puts his hands on the ground. The officer was charged this week with assault. Dover police released the August 2013 video after a federal judge ruled it was no longer considered confidential. The ruling came in a lawsuit filed on behalf of Lateef Dickerson by the ACLU. The officer, Thomas Webster, is on unpaid leave after he was indicted for second-degree assault. A previous grand jury declined to indict him.

WASHINGTON (AP) — Do you know any babies named Emma or Noah? That wouldn't be too surprising -- since those were the most popular baby names in 2014. The list of girls' and boys' names is compiled by the Social Security Administration. For girls, Emma was followed by Olivia, Sophia, Isabella and Ava. For boys, Noah was followed by Liam, Mason, Jacob and William.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

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