US adds 115,000 jobs in April; experts warn of economic weakness
The U.S. economy added 115,000 jobs in April, exceeding expectations, with the unemployment rate holding steady. However, analysts caution about underlying weaknesses despite recent labor market gains.
US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the worldโs largest economy firming recent labour market gains but analysts warning of underlying weakness. โTotal nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,โ the US Bureau of Labour Statistics (BLS) said. The gains mainly came in the healthcare, transport and warehousing and retail trade sectors. US job.....