The US released its Unemployment rate for October showing an unexpected depressing incline as it came in at 10.2%; worse than the forecasted reading of 9.9% and the prior reading if 9.8%.

Whereas the Change in Nonfarm Payrolls came in at -190 thousand, which is worse than the predicted reading of -175 thousand and the prior revised reading of -219 thousand from -263 thousand and the Change in Manufacturing Payrolls dropped to -61 thousand; worse than the expected reading of -42 thousand and the prior revised reading of -45 thousand from -51 thousand.