US added 115K jobs in April, beating expectations

The U.S. economy added 115,000 new jobs in April, according to data released Friday by the Labor Department, beating the expectations of economists.

The jobless rate held firm at 4.3 percent last month. Economists expected the U.S. to have added roughly 67,000 jobs in April, according to consensus estimates.

The April jobs numbers may be a reassuring sign for the U.S. economy amid rising gas prices and higher costs for U.S. households, largely driven by the war in Iran.

“Job growth was strong in April. While we’re certainly not in the robust labor market we were a few years ago … things seem to be stable for now,” wrote Elizabeth Renter, senior economist at NerdWallet, in an analysis. 

“In the months ahead, we’re likely to see some impact of........

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