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.