US adds stronger-than-expected 115,000 jobs in April despite Iran war impact

US employers added a robust 115,000 jobs in April, surpassing expectations despite global economic uncertainty from the Iran conflict. The unemployment rate held steady at 4.3%. Healthcare and transportation sectors saw significant hiring, while manufacturing experienced job cuts. This resilient labor market suggests the Federal Reserve may hold off on interest rate cuts as inflation remains a concern.

from Times of India https://ift.tt/aS1L5Us
https://ift.tt/f1L0bGH May 8, 2026 at 11:05PM TOI BUSINESS DESK

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