US March non-farm payrolls +178K vs +60K expected

Prior -92K (revised to -133K)Two-month net revision -7KJanuary was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment 4.256%% vs 4.441% priorParticipation rate 61.9% vs 62.0% priorU6 underemployment rate 8.0% vs 7.9% priorAverage hourly earnings +0.2% m/m vs +0.3% expecte… Prior -92K (revised to -133K) Two-month net revision… Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4. Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment 4.256%% vs 4.441% prior Participation rate 61.9% vs 62.0% prior U6 underemployment rate 8.0% vs 7.9% prior Average hourly earnings +0.2% m/m vs +0.3% expected Average hourly earnings +3.5% y/y vs +3.7% expected Average weekly hours 34.2 vs 34.3 expected… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.