March Jobs Report

#Jobs — Much higher than expected. Wage growth slowed.

Gain of +178,000 non-farm payroll jobs, vs. expected gain of 59K
Unemployment down by 0.1 at 4.3%
U6 unemployment 8.0%, up by 0.1
Labor force participation down 0.1 to 61.9%
Average hourly earnings up by 0.2%; +3.5% Y/Y

January jobs revised up by +34K to +160K
February jobs revised down by -41K to -133K