US Non-Farm Payrolls Surge by 178,000 in March, Unemployment Drops to 4.3%

Published: Apr 4, 2026 16:19

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According to data released by the US Bureau of Labor Statistics, US non-farm payrolls increased significantly by 178,000 in March, far exceeding market expectations of 60,000 and reaching the highest level since December 2024. Meanwhile, the unemployment rate in March also edged down to 4.3%, compared with market expectations for it to remain unchanged at 4.4%. In addition, non-farm payrolls for January and February were revised down by a combined 7,000. Data from CME FedWatch showed that the probability of the US Fed keeping policy unchanged within the year had exceeded 90%.

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