U.S. added 115,000 jobs in April as economy faces Iran war impact
The U.S. economy added 115,000 jobs in April, a sign that the labor market retained its resiliency even in the face of a global energy shock triggered by the Iran war.
The U.S. economy added 115,000 jobs in April, a sign that the labor market retained its resiliency even in the face of a global energy shock triggered by the U.S. war with Iran. The unemployment rate remained steady at 4.3%.
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Economists were expecting 55,000 jobs to be added and projected that the unemployment rate would remain steady at 4.3%, according to a survey from Dow Jones.
The report also showed significant revisions to prior months. Employment in February was revised down by 23,000 to negative 156,000, but March was revised up by 7,000 to an addition of 178,000 roles.
https://www.nbcnews.com/business/economy/april-jobs-report-iran-war-pressure-rcna344166
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