America's employers added 115,000 jobs in April, beating expectations even as the Iran conflict disrupted oil supplies and raised gas prices. The unemployment rate held steady at 4.3 percent.
The latest figures show resilience in the US labor market despite global challenges. Employers exceeded forecasts by creating 115,000 positions last month, while the jobless rate remained unchanged at a low 4.3 percent.
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South Korea added 74,000 jobs in April, marking the slowest growth in 16 months amid higher oil prices and weaker consumer sentiment from the Middle East conflict.
The United States added 172,000 jobs in May, more than double the expected figure of 85,000. The unemployment rate rose to 4.3 percent.
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Employers in the United States added 178,000 jobs in March, far exceeding economist expectations of 59,000, while the unemployment rate fell to 4.3 percent. This rebound followed a weak February, when payrolls dropped by 133,000. The White House highlighted the strong figures on social media.
South Korea lost 40,000 jobs in May from a year earlier, marking the first decline in 17 months amid the impact of the prolonged Middle East conflict on the manufacturing sector.
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The Michigan Consumer Sentiment Index dropped to 47.6 in April, its lowest level on record, after falling 5.7 points from the previous month. The plunge, nearly 11 percent, was largely attributed to the outbreak of the Iran conflict, which fueled inflation fears. Year-ahead inflation expectations rose sharply to 4.8 percent from 3.8 percent in March.
Stats SA data released on Tuesday showed South Africa's unemployment rate increased to 32.7 percent in the first quarter of 2026, up 1.3 percentage points from the previous quarter.
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South Korea's consumer prices rose 2.6 percent year-on-year in April, up from March's 2.2 percent and the fastest pace in 21 months, driven by soaring fuel costs from the ongoing Strait of Hormuz disruption. Government data confirmed the figures.