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America’s economy is booming as more and more Americans get vaccinated. In March, the number of people employed outside the agricultural sector in the United States increased by 916,000 people, clearly more than expected.
US stock market futures and ten-year interest rate rise after the figure.
The number of nonfarm workers in the United States increased by 916,000 in March. The median analyst forecast was an increase in the number of people employed outside the agricultural sector by 660,000 people, according to the Bloomberg compilation. Among the 76 who participated in the Bloomberg compilation, guesses ranged from 350,000 to 1 million new jobs.
Unemployment fell to 6.0 percent from 6.2 percent in February. Expectations were 6.0 percent.
US stock market futures, which were also higher previously, get an additional boost from the strong employment figure. At the same time, the 10-year-old American boy rebounds from 1.67 percent to 1.69 percent.