The US Unemployment Rate for February came in cheerfully and unexpectedly at 8.9%; better than the forecasted reading of 9.1% and prior reading of 9.0%, while the Change in Nonfarm Payrolls for the same period rose to 192 thousand, which is lower than the forecasted 196 thousand but better than the prior add of 36 thousand, while the Change in Manufacturing Payrolls came in better than the forecasted add of 25 thousand at 33 thousand but lower than the prior add of 49 thousand, plus the Change in Private Payrolls for the same period rose to 222 thousand from 50 thousand while the market predicted it to come in at 200 thousand.

Now, the country's Average Hourly Earnings for February fell to 0.0%; worse than the prior reading of 0.4% and the predicted 0.2% and came in at 1.7% for the year ending February, which is worse than the market forecasts and prior readings of 0.9% , while the Average Weekly Hours for April fell to 1.7%, which is lower than the forecasted and prior readings of 1.9%.