The U.S. Department of Labor announced that non-farm payrolls increased by 178,000 in March, the largest increase since December of the year before last, compared to a market forecast of an increase of 65,000. However, the number of job losses in February was higher than previously announced, revised from a decrease of 92,000 to a decrease of 133,000. Last month's unemployment rate dropped from 4.4% in February to 4.3%, while the market had expected it to remain at 4.4%.
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