Beth Ann Bovino
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US job creation strong in April

US employment rose more than expected in April with the latest US non-farm payrolls showing that 165,000 jobs were created last month.

US employment rose more than expected in April with the latest US non-farm payrolls showing that 165,000 jobs were created last month.

Economists had been predicting a figure closer to 145,000.

Beth Ann Bovino, a senior economist for rating agency Standard & Poor's, said new confidence in jobs had improved the housing and car market.