The unemployment rate held at 4.3 percent in April, according to a Labor Department report. But the effects of the Iran war are only beginning to emerge.

The US economy created 115,000 jobs in April as businesses kept hiring despite the economic fallout from the US-Israel war in Iran. The increase was stronger than expected, with the total almost twice as much as economists had forecast.

Positive April job growth and a steady unemployment rate could shift the Fed's focus back to fighting inflation, even as labor market risks persist.

The U.S. labor market continued to defy expectations in April, with employers surpassing economists' forecasts and adding 115,000 jobs across the nation. Economists predicted payroll gains of 65,000 in April,

Hiring blew past forecasts in April, following solid gains in March that have begun to offset recent employment declines.

The US economy added a stronger-than-expected 115,000 jobs last month and the unemployment rate stayed at 4.3%, according to Bureau of Labor Statistics data released Friday.

The U.S. economy added 115,000 jobs in April, while the unemployment rate held at 4.3%, the Labor Department said on Friday. Why it matters: Employers kept hiring through the Iran war's energy shock,

The U.S. economy added 115,000 jobs in April, a sign that the labor market retained its resiliency even in the face of the U.S. war with Iran.