The US Unemployment Rate for June came in 9.5%; better than the forecasted 9.8% and prior reading of 9.7%, while the Change in Nonfarm Payrolls for the same period showed a shed of 125 thousand jobs, which is better than the predicted shed of 130 thousand but worse than the prior reading of 431 thousand jobs added, while the Change in Manufacturing Payrolls plummeted to 9 thousand, which is actually worse than the predicted reading of 9.8 thousand and the prior reading of 9.7 thousand, plus the Change in Private Payrolls for the same period rose to 83 thousand from 41 thousand while the market predicted it to come in at 110 thousand.

Now, the country's Average Hourly Earnings for June plunged to -0.1%; worse than the prior reading of 0.3% and the predicted 0.1% and came in at 1.7% for the year ending June, which is worse than the market forecasts of 2.0% and the prior reading of 1.9%, while the Average Weekly Hours for June dropped faintly to 34.1%, which is lower than the forecasted 34.2% and the prior reading of 34.2%.