The U.S. Commerce Department released the infamous jobs report for the month of September, where the Nonfarm payrolls increased by 103,000 jobs, well above median estimates of 60,000 jobs and the prior revised estimate of 57,000 added jobs, while the unemployment rate remained unchanged at 9.1% in line with projections.

The jobs report showed that private payrolls increased by 137,000 jobs in September, compared with the prior revised estimate of 42,000 jobs and also above estimates of 90,000 added jobs, while manufacturing payrolls declined by 13,000 jobs, worse than expectations of a flat estimate and the prior revised drop of 4,000 jobs.

Average hourly earnings increased by 0.2%, compared with the prior revised drop of 0.2 and in line with median estimates, while compared with a year earlier, average hourly earnings increased by 1.9% in line with projections, and compared with the prior revised estimate of 1.8%. Average weekly hours increased to 34.3, compared with the prior and expected estimates of 34.2.