That’s a wrap – thank you for reading The Australian Financial Review news blog today. These were some of our main stories:

• Employment jumps by 58,000 in the still-tight jobs market: The figures were better than market expectations for gains of 20,000 and highlighted the continuing resilience of the labour market.
• Ukraine unleashes drones on Russian airfields in cross-border attack: The largest drone strike on Russian airfields since the war started continued Ukraine’s advance into its neighbour, which has humiliated Vladimir Putin’s generals.
• Ivy League president resigns after months of Gaza protests: Columbia University’s Minouche Shafik was widely criticised for her handling of campus demonstrations regarding the Israel-Hamas war.