U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%

Job creation was better than expected in April, as the U.S. labor market continued to defy expectations for a slowdown this year, the Bureau of Labor Statistics reported Friday.

Nonfarm payrolls rose by a seasonally adjusted 115,000 for the month, down from the 185,000 created in an unusually strong March but better than the 55,000 forecast in the Dow Jones consensus estimate.