April Jobs report

#Jobs — Slightly above expectations; other stats a bit weak

Gain of +428,000 non-farm payroll jobs, vs. expected gain of 400K
Unemployment unchanged at 3.6% (vs expected drop of 0.1)
U6 unemployment rose to 7.0%, up by 0.1
Labor force participation 62.2%, down by 0.2
Average hourly earnings up 0.3%, below expected 0.4%; 5.5% increase over the year

February jobs revised down by -36K to +714K
March jobs revised down by -3K to +428K