The US Bureau of Labor Statistics report released moments ago showed that total non-farm payrolls (NFP) increased by 115,000 in April, compared to a revised March figure of 178,000 jobs (updated to 185,000). This exceeded expectations of 65,000 new jobs.

Meanwhile, the unemployment rate remained unchanged at 4.3% in April, matching expectations. The labor force participation rate declined slightly to 61.8% from 61.9%.

Earnings per hour rose 0.2% month-over-month in April, slightly below expectations of 0.3%. Year-over-year, however, the rate increased to 3.6%, compared to 3.5% in March.

In terms of sectors, the goods production sector saw an increase of 10,000 jobs, while the manufacturing sector lost 2,000 jobs. The construction sector added 9,000 jobs, while the private services sector added 113,000 jobs in April, led by the healthcare and social assistance sector, which added 53,000 jobs, and the transport and storage sector, which added 30,000 jobs.