Odaily Planet Daily report: In March, the U.S. non-farm payroll employment increased by 178,000, significantly surpassing the market expectation of 60,000 and reaching the highest level since December 2024, marking a substantial improvement from the previous month’s job contraction. The U.S. unemployment rate in March was 4.3%, compared to the expected 4.40% and the prior value of 4.40%. (Jin10)
U.S. March Nonfarm Payrolls Exceed Expectations, Unemployment Rate Falls to 4.3%
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Summary
U.S. March nonfarm payrolls increased by 178,000, significantly surpassing the forecast of 60,000 and marking the largest gain since December 2024. The unemployment rate fell to 4.3%, below the expected 4.40%. Traders are monitoring altcoins as market sentiment shifts. The Fear & Greed Index shows a slight move toward optimism, though crypto markets remain range-bound.
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