New Delhi, May 8 -- The US economy created 115,000 jobs in April, highlighting that the labour market remained relatively resilient despite the global energy disruption caused by the US-Iran war. Meanwhile, the unemployment rate held steady at 4.3 per cent, NBC News reported Friday (local time).
The report from the Bureau of Labour Statistics comes at a time when the oil prices continue to be higher by more than 50 per cent since the start of the year, with the average retail gas prices hovering above $4.55 per gallon, up 50% since the war with Iran started in late February.
Citing a survey from Dow Jones, economists were expecting at least 55,000 jobs to be added and projected that the unemployment rate would be steady at 4.3 per cent....
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