US labor market holds steady despite Iran war

Employers in the world’s largest economy are shrugging off the uncertainty brought on by the Iran war and higher energy prices – at least for now. Experts expected roughly 65,000 jobs to be added last month, a significant slide from the 185,000 in March. But if higher gas prices persist, and Americans pair back spending, economists say that could weaken job creation and lift the unemployment rate down the line.