U.S. added 115K jobs in April, nearly doubling expectations
CoinDesk
The U.S. economy added 115,000 jobs in April, significantly exceeding economist forecasts while the unemployment rate held steady at 4.3%.Summary
The U.S. Bureau of Labor Statistics reported that the economy added 115,000 jobs in April, surpassing the predicted 62,000 despite a decline from the revised March figures. The unemployment rate remained stable at 4.3%. This economic data arrives during a transition period at the Federal Reserve, as Kevin Warsh is expected to replace Jerome Powell as chairman. Markets reacted with moderate gains in stock futures, while Bitcoin traded steadily despite broader concerns over elevated oil prices and geopolitical tensions affecting global inflation.
(Source：CoinDesk)