U.S. Added 178,000 Jobs In March; Movie And Music Employment Declines

Employment increased by 178,000 in March and the unemployment rate fell to 4.3%, beating expectations and reversing February's job loss. The print signals modest labor-market resilience that could temper bets on near-term policy easing and produce a modest move in rates-sensitive assets.

Analysis

Employment increased by 178,000 in March and the unemployment rate fell to 4.3%, beating expectations and reversing February's job loss. The print signals modest labor-market resilience that could temper bets on near-term policy easing and produce a modest move in rates-sensitive assets.