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April employment report overall very strong.>

US DATA
US DATA: April employment report overall very strong
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- Nonfarm payrolls well above-expected +263k vs +190k BBG and MNI expect
- The unemp rate below-expected 3.6% (3.585% unrounded vs 3.811% March).
- Net downward revision for March (now +189k) and up for Feb (now +56k)
- Hourly earnings +0.2% vs +0.3% BBG and MNI expected, but March rev 
up to +0.2% (prev +0.1%). Y/Y still +3.2%.
- Private payrolls +236k; health care +53k, leisure +34k, but retail -12k
- Labor force participation rate -0.2 to 62.8%, U-6 rate unch at 7.3%

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