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LATEST US DATA

US unemployment rate drops to 10-year low of 4.4%

Nonfarm payrolls rose by 211,000 jobs in April, a jump from the gain of 79,000 in March

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US job growth rebounded sharply in April and the unemployment rate dropped to a near 10-year low of 4.4 per cent, signs of a tightening job market that could seal the case for an interest rate increase next month despite moderate wage growth.

Washington

US job growth rebounded sharply in April and the unemployment rate dropped to a near 10-year low of 4.4 per cent, signs of a tightening job market that could seal the case for an interest rate increase next month despite moderate wage growth.

Nonfarm payrolls jumped by

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