The latest employment figures released Friday by the U.S. Labor Department showed the American labour market remained stronger than expected in April, with hiring comfortably surpassing analyst forecasts.
According to the report, non-farm payrolls increased by 115,000 jobs during the month, following a revised gain of 185,000 positions in March.
Market economists had projected payroll growth of 63,000 jobs, while the previous month’s figure had originally been reported as a gain of 178,000.
The unemployment rate stood at 4.3 per cent in April, unchanged from March and matching consensus expectations.