The U.S. Labor Department released the jobs report for the month of June, where the Non-farm payrolls showed that 18 thousand jobs were added in June compared with the prior revised estimate of 25 thousand jobs and well below estimates of 105 thousand, while the unemployment rate climbed unexpectedly to 9.2 percent from 9.1 percent
Average hourly earnings rose reading came flat, compared with the prior rise of 0.3% and estimates of 0.2%, while compared with a year earlier, average hourly earnings remained unchanged from the prior revised estimate at 1.9% while also in line with expectations. Average weekly hours declined faintly in June to 34.3, compared with the prior and expected estimate of 34.4.

The U.S. Labor Department released the jobs report for the month of October, where the Non-farm payrolls showed that 80 thousand jobs were added in the past month from a revised 158 thousand increase in September and well below estimates of 95 thousand, while the unemployment rate fell slighty yet cheerfuly to 9.0 percent from 9.1 percent.

Average hourly earnings came unchanged at 0.2 percent, from the prior revised 0.3 percent, while compared with a year earlier, average hourly earnings plummeted fainlty from the prior estimate at of 1.9 percent, in line with expectations. Average weekly hours steadied at 34.3 from the prior and expected estimates.