US Economy Jobs Report

America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war. Hiring was better than the 65,000 that economists had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%. The war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline prices surging past $4.50 a gallon this week. But the conflict hasn’t done much damage to the American job market so far.

Hiring was better than the 65,000 forecasters had expected, though it decelerated from the 185,000 jobs created in March.