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 report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.

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

When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions.

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.

April marked the first back-to-back month of job gains in a year. But one economist explains why there are real weaknesses beneath the surface.

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.

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

Nonfarm payrolls in the United States increased more than expected in April while unemployment held, the Bureau of Labor Statistics reported Friday.