US last month unemployment rate plunged cheerfully to 10.0%, which is of course better than the forecasted reading and the prior reading that are both at 10.2%, while the Change in Nonfarm Payrolls climbed to -11 thousand; better than the predicted reading of -125 thousand and the prior revised reading of -111 thousand from -190 thousand and the Change in Manufacturing Payrolls rose to -41 thousand, which is actually better than the prior revised reading of -51 thousand from -61 thousand and the expected reading of -45 thousand.

However, the average hourly earnings for last month plummeted to 0.1%; worse than the forecasted reading of 0.2% and the prior reading of 0.3% and fell to 2.2% for the year ending November, which is actually worse than the expected reading of 2.3% and the prior revised reading of 2.4%, whereas the average weekly hours for November climbed up to 33.2; better than the forecasted reading of 33.1 and the prior reading of 33.0.