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 loom large.

The figures show a labour market that is finding its footing after an especially harsh year for hiring.

The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.

Data pointing to a stabilized job market clashes with stubborn inflation.

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…

Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.

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.