Forex News

U.S. nonfarm payrolls rose by 180,000 last month, above almost all forecasts, and the unemployment rate slipped to 4.4% from 4.5% in February. This matches the jobless rate in October, which was the lowest in nearly six years.

The figures came in above of forecasts. Economists were expecting a payrolls gain of 168,000 and a jobless rate of 4.5%.

Meanwhile, growth in payrolls in January and February were revised higher by a total of 32,000. February's payrolls, originally been reported as an increase of 97,000, rose by 113,000 in the latest revision. Payrolls increased by 162,000 in January, up from 146,000 estimated last month.

Average hourly earnings increased by 6 cents, or 0.3%, to $17.22.