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US hiring surprises again as 115000 jobs added in April despite Iran war shock
Economy
Published on 8 May 2026
Wages rise modestly while hiring stays resilient
US employers kept surprising the market in April, adding 115,000 jobs even as uncertainty from the Iran war weighed on global sentiment. Alongside the steady hiring, average hourly earnings rose 0.2% from March and 3.6% year over year, aligning with the Federal Reserve’s push toward a 2% inflation target.
- US employers added 115,000 jobs in April
- Average hourly earnings rose 0.2% from March
- Year over year wage growth came in at 3.6%
- Data fits the Fed’s 2% inflation target narrative
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times