This is the most anticipated non-farm payrolls report by the market! The US added 177,000 jobs, reinforcing the path to a "soft landing" and interest rate cut expectations remain strong.

date
03/05/2025
According to the Zhitong Finance APP, the US non-farm employment market in April continued to grow steadily, with the unemployment rate remaining stable. This indicates that the new round of aggressive global tariff policies and global trade wars led by US President Donald Trump have not yet had a substantial negative impact on American companies' hiring plans. Data released by the US Bureau of Labor Statistics on Friday showed that the number of non-farm jobs increased by 177,000 in the month, lower than the previous month's statistics but better than the economists' expected 130,000. The non-farm employment data for the previous two months was also revised slightly downward. The unemployment rate remained at 4.2%, consistent with market expectations.