U.S. job growth surges by 178k; no rate cuts expected this year

SighingCashier · 2026-04-06T19:22:01+00:00

The latest U.S. employment report shows that non-farm payrolls increased by 178k in March, and the unemployment rate dropped to 4.3%. In response to the strong data, the market no longer expects the Federal Reserve to cut interest rates this year, and expectations for rate cuts next year have also decreased.

SighingCashier

2026-04-06 19:22:01

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April 4, 2026

U.S. new jobs surge by 178k; no rate cuts in sight this year

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Friday is the Good Friday holiday, with major U.S. and European stock markets closed. The U.S. released its latest employment report, showing that even when the war with Iran broke out, the job market remained on track and steady. Traders no longer expect the Federal Reserve to cut rates this year, and expectations for rate cuts next year have also declined. March unemployment rate unexpectedly falls to 4.3% The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls in March increased sharply by 178k jobs. The gain is the largest since the end of 2024, …

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