Wages grew by just 0.2%, likely falling behind inflation as Iran war fuels price hikes

The US economy added a stronger-than-expected 115,000 jobs last month and the unemployment rate stayed at 4.3%, an indication of resilience at a time when war and high gas prices…

Positive April job growth and a steady unemployment rate could shift the Fed's focus back to fighting inflation, even as labor market risks persist.

The solid figures came despite rising gas prices and economic uncertainty sparked by the conflict.

Wages grew by just 0.2%, likely falling behind inflation as Iran war fuels price hikes