India, May 9 -- America's employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Hiring was better than the 65,000 forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3 per cent.
The Iran war has caused the biggest disruption of global oil supplies in history and sent average US gasoline prices surging past USD 4.50 a gallon this week. But the conflict hasn't done much damage to the American job market so far. Healthcare added 37,000 jobs last month and retailers 22,000. However, manufacturers cut 2,000 jobs in April and have shed 66,000 jobs over the past year despite President Donald Trump's protectionist po...
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