US adds stronger-than-expected 115,000 jobs in April despite Iran war impact

US employers added a robust 115,000 jobs in April, surpassing expectations despite global economic uncertainty from the Iran conflict. The unemployment rate held steady at 4.3%. Healthcare and transportation sectors saw significant hiring, while manufacturing experienced job cuts. This resilient labor market suggests the Federal Reserve may hold off on interest rate cuts as inflation remains a concern.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cEBh39a
>

Comments

Popular posts from this blog

Koffee With Karan 7: Karan Johar refers to Shahid Kapoor as the ex-husband of Kareena Kapoor Khan and her expression is pure horror

BTS member V meets PSY and we are obsessed with this memorable reunion