US job creation beats forecasts despite headwinds

Hiring in the US remained strong in April despite signs that businesses were still struggling to find workers.

Employers added 428,000 jobs, while the unemployment rate held steady at 3.6%, the Labor Department said.

The gains were bigger than expected, marking the 12th month of expansion.

The growth is likely to bolster views at the US central bank that the economy is well positioned as it starts to raise rates to try to curb inflation.

“It keeps them on track,” said Kathy Bostjancic, chief US economist at Oxford Economics.

Continued…..

https://www.bbc.com/news/business-61337623

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