Though most Americans still don't believe it, happy days are unequivocally here again-at least on the home front. "The economic news is as good as the Iraq news is bad," says Donald Straszheim, president of Straszheim Global Advisors. Job data are finally dispelling the notion of a jobless recovery: Some 288,000 new jobs were added in April, the unemployment rate dropped another notch to 5.6 percent, and weekly applications for state unemployment benefits dipped to a 3 1/2-year low. With revisions upward for February and March, a total of 1.1 million jobs have been added since August, with hiring widespread from manufac-turing to business services.
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