The U.S. Department of Commerce today released March's employment report, showing companies in the U.S. added fewer jobs than in February and an unexpected drop in the jobless rate in the same period.

Nonfarm payrolls increased 120 thousand in March, after rising 240 thousand (revised from 227 thousand) in February, missing anaylsts' median estiamtes of a 205 thousand increase. Unemployment rate in the U.S. unexpectedly fell to 8.2 percent from 8.3 percent.