Mumbai, May 8 -- A closely watched report released by the Labor Department on Friday showed that US non-farm payroll employment rose by 115,000 jobs in April after surging by an upwardly revised 185,000 jobs in previous month. The US unemployment rate held steady at 4.3% though. Average hourly earnings, another closely watched metric of labor market health, edged up 0.2% for the month and 3.6% on an annual basis.
Published by HT Digital Content Services with permission from Capital Market....