The US Unemployment Rate for April came in 9.9%; worse than the forecasted and prior readings of 8.2%, while the Change in Nonfarm Payrolls for the same period rose to 290 thousand, which is higher than the forecasted 190 thousand and the prior revised reading of 230 thousand from 162 thousand, while the Change in Manufacturing Payrolls rose to 44 thousand, which is actually better than the predicted reading of 20 thousand and the prior reading of 17 thousand, plus the Change in Private Payrolls for the same period rose to 231 thousand from 123 thousand while the market predicted it to come in at 100 thousand.

Now, the country's Average Hourly Earnings for April rose to 0.0%; better than the prior reading of -0.1% but worse than the predicted 0.1% and came in at 1.6% for the year ending April, which is worse than the market forecasts of 0.1% and the prior revised reading of 1.7% from 1.8%, while the Average Weekly Hours for April inclined to 34.1%, which is higher than the forecasted 34.1% and the prior reading of 34.0%.