US Job Growth Surpasses Expectations with 228,000 New Positions

It was a good bit above the analysts' average forecast, which was at 140,000 new jobs, according to Bloomberg.

In February, 117,000 new jobs were added, according to a revised figure.

The figure provides an indication of the strength of the American economy and thus affects how the US central bank handles interest rates going forward.

However, the market is not reacting significantly to today's figure, which was expected according to Bloomberg, since the significance pales in comparison to the reactions to the trade tariffs.

The statistics also show that unemployment rose slightly from 4.1 to 4.2 percent, which was slightly worse than expected.