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Markets rally after better than expected data shows US added 177,000 jobs in April – business live

Live, rolling coverage of business, economics and financial markets as US employment figures for April came in higher than expected with 177,000 jobs, boosting European markets; Financial Conduct Authority considers restricting use of credit to buy crypto; stock markets gain on hopes of US-China trade thaw

Eurozone unemployment was steady 6.2% in March – unchanged relative to a revised February reading.

The youth unemployment rate was 14.2%, down from 14.3% in the previous month.

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