April Jobs Report Shows Strong Hiring, Falling Unemployment

P.M. Edition for May 3: The nation's unemployment rate hit a near 50-year low in April, falling to 3.6%, as the economy added 263,000 jobs. The Wall Street Journal's Chief Economics Commentator Greg Ip has more on the numbers. Plus, WSJ's Nicole Friedman has a preview on what questions billionaire investor Warren Buffett may face at Berkshire Hathaway's annual meeting.

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