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US job growth beats forecasts as unemployment stays at 4.3% despite Iran war shock
Economy
Published on 8 May 2026
Gas prices rose, but hiring didn’t slow yet
US employers added 115,000 jobs in April, topping expectations even as the Iran war disrupted oil supplies and pushed gas prices higher. The unemployment rate held steady at a low 4.3%, signaling resilience for now. Still, economists caution the conflict’s economic effects could take longer to show up in hiring and the broader labor market.
- April job gains beat Wall Street forecasts
- Unemployment rate remained steady at 4.3%
- Higher gas prices from oil disruption did not deter hiring
- Economists warn impacts may arrive later
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times