economy
Job growth beat expectations at 115,000 in April as unemployment held at 4.3%
Job growth slowed to a still-strong 115,000 in April, the Bureau of Labor Statistics reported Friday, and the unemployment rate held at 4.3%, as the labor market showed surprising strength.
TL;DR
- Job growth in April reached 115,000, surpassing the expected 65,000.
- The unemployment rate held steady at 4.3%.
- The labor market shows surprising strength despite economic disruptions.
- Job creation is sufficient to prevent unemployment from rising.
- This strength endures despite trade agenda, inflation, and energy shocks.