U.S. nonfarm payrolls jump by 228K in March, unemployment rate rises to 4.2%

U.S. nonfarm payroll employment increased by 228,000 in March, significantly beating market expectations of 137,000, according to Investing.com based on data from the U.S. Department of Labor. However, the unemployment rate rose to 4.2%, higher than the expected rate of 4.1%.