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

SighingCashier · 2026-04-03T19:57:57+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

2026-04-03 19:57:57

Abstract generation in progress

April 4, 2026

The U.S. sees a strong 178k job increase; no hope for rate cuts within the year

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Friday is Good Friday holiday, so major stock markets in the U.S. and Europe are closed. The U.S. released its latest jobs report, showing that even amid the outbreak of the Iran war, the labor market remains relatively stable. Traders no longer expect the Federal Reserve to cut rates this year, and expectations for rate cuts next year have also declined.
The unemployment rate unexpectedly fell to 4.3% in March
The U.S. Bureau of Labor Statistics (BLS) said nonfarm payrolls surged by 178k jobs in March, the biggest increase since the end of 2024, …

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