The report issued by the United States Bureau of Labor Statistics a few moments ago showed that 678 thousand jobs were added in February, compared to the addition of 467 thousand jobs in January, and better than market expectations, which indicated the creation of jobs estimated at 407 thousand jobs.

On the other hand, unemployment rates fell by 0.2% to 3.8%, while expectations had indicated a decline to 3.9%, coinciding with a rise in labor force participation rates to 62.3% in February.

Average hourly wages fell in February to 0.0%, at a monthly pace, from 0.7%, while it declined to 5.1% on an annual basis, compared to 5.5% in January, exceeding expectations that indicated a rise to 5.8%.

In the details of the sectors, the commodity production sector added about 105 thousand jobs, while the construction sector lost 60 thousand jobs, and the manufacturing sector added about 36 thousand jobs. The largest number of jobs came from the services sector, with 549 thousand jobs.

The US dollar recorded strong gains even before the data was announced, to trade now an hour before the opening of the US markets at 98.62 levels, up by 0.92%.