AI Data Insight
The newly released U.S. nonfarm payrolls added 115,000 jobs, a slowdown from the previous 178,000 but significantly exceeding the market consensus of 65,000. The unemployment rate remained flat at 4.3%, and wage growth continued to be moderate, indicating that the U.S. job market maintains stability on its soft landing path. However, climbing part-time numbers and a declining labor force participation rate have embedded potential variables for future economic momentum.