Unemployment Rate Hits 8.5%

The unemployment rate for March was 8.5%, which was pretty much exactly what analysts had been looking for.

Nonfarm payrolls fell by 663,000.

The futures are holding up, for now, on the non-surprise. It looks like we’ll make another run for 8,000 today.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.