April Jobs Report

#Jobs — Exceeding expectations again

Gain of +177,000 non-farm payroll jobs, vs. expected gain of 133K
Unemployment unchanged at 4.2%, as expected
U6 unemployment 7.8%, down by 0.1%
Labor force participation up 0.1 to 62.6%
Average hourly earnings up by 0.2%; +3.8% Y/Y

February jobs revised down by -15K to +102K
March jobs revised down by -43K to +185K