Non-farm payroll numbers exceed expectations but wages slow down, market dispels doubts about interest rate hikes this year.

According to the Securities Times app, the US labor market, after nearly a year of fluctuations, is now showing clearer signs of stabilization. The latest data released by the US Bureau of Labor Statistics on Friday showed that non-farm payrolls increased by 115,000 in April. Although this was a significant drop from the exceptionally strong 185,000 increase in March, it significantly exceeded market expectations of 65,000. This is the first time in nearly a year that US employment has seen two consecutive months of growth.