April 5 (Reuters) - U.S. stock index futures pared gains
on Friday on worries that fresh evidence of a still-tight labor
market could jeopardize the case for imminent interest-rate cuts
by the Federal Reserve.
A Labor Department report showed nonfarm payrolls increased
by 303,000 jobs in March compared with expectations for an
increase of 200,000, as per economists polled by Reuters.
The unemployment rate stood at 3.8% compared with
expectations that it would remain steady at 3.9%, while average
earnings rose 0.3% on a monthly basis against forecasts of 0.3%
growth.
At 8:31 a.m. ET, Dow e-minis were up 22 points, or
0.06%, S&P 500 e-minis were up 5.75 points, or 0.11%,
and Nasdaq 100 e-minis were up 14.5 points, or 0.08%.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Arun
Koyyur)