Non-farm employment data was announced in the US. Accordingly, non-farm payrolls in the US increased by 303 thousand in March.
Market expectations were for the number to remain at 214 thousand. Last month’s employment increase was announced as 275 thousand.
Employment growth in the US shows that companies’ demand for labor is rising, indicating that the market is buoyant. Analysts stated that the tight stance in the labor market narrowed the Fed’s policy space.
It is known that one of the points that the FED, which is expected to start lowering the policy rate after June, pays attention to is the vitality in the market.
