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LATEST US DATA

Payrolls' rise below expectation; jobless rate hits 3.9%

Wages barely rose last month, which could ease concerns that inflation pressures are rapidly building up

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The labour force participation rate, or the proportion of working-age Americans who have a job or are looking for one, fell to 62.8 per cent last month from 62.9 per cent in March.

Washington

US job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 per cent as some jobless Americans left the labour force.

The Labor Department's closely watched employment report on...

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