The U.S. Department of Labor announced on the 2nd (local time) that non-farm jobs in the U.S. increased by 177,000 in April compared to the previous month.
This significantly surpasses the expert forecast of 133,000 compiled by Dow Jones. The unemployment rate in April remained unchanged at 4.2% compared to the previous month, aligning with expert expectations.
As signs of a slowdown in the U.S. economy emerge, there was a prevailing outlook that if non-farm job growth fell short of market expectations, it would significantly shock the market. However, figures surpassing expert forecasts were announced that day.