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The Economic Times
The Economic Times

Charting the global economy: US job growth exceeds projections

(Bloomberg) --Employers in the US boosted payrolls in April by more than projected after an even bigger increase a month earlier, suggesting the labor market may be gaining momentum after near-zero job growth last year.

Payrolls rose by 300,000 over the period, the strongest two-month increase since 2024, official data showed.

In Germany, industrial output declined again as Europe’s largest economy struggles with the fallout from the Iran conflict.

In Australia, the central bank raised its key interest rate for a third consecutive meeting, with Governor Michele Bullock signaling policymakers would now pause to assess next steps.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

US

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