U.S. added 115,000 jobs in April, more than expected; unemployment at 4.3%

• U.S. added 115,000 jobs in April, significantly more than the 65,000 expected.
• March job numbers were revised upward from 178,000 to 185,000.
• The unemployment rate held steady at 4.3%, matching expectations.
• Month-over-month earnings growth was 0.2%, slightly below the 0.3% forecast, and year-over-year earnings also missed expectations at 3.6% vs 3.8%.

The U.S. labor market demonstrated unexpected strength in April, adding 115,000 jobs, significantly surpassing the 65,000 expectation. The unemployment rate remained stable at 4.3%. This robust job creation, coupled with upward revisions for previous months, suggests a resilient economy, despite slightly lighter earnings growth, leading to a positive market outlook.