US unemployment rate falls to lowest level since March 2020
At 12:30 GMT, the US economy released the unemployment rate for September at 4.8%, the best reading since March 2020, beating forecasts of 5.1%, and better than the previous reading of 5.2%. This data is positive for the US dollar.
US economy adds less than expected new jobs in September
At 12:30 GMT, the US economy released the Non-Farm employment change reading for September, which showed the addition of 194K jobs, worse than forecasts of adding 490K new jobs, and worse than the previous reading of adding 366K after it was revised from 235K. This data is negative for the US dollar.
US wages grow more than expected in September
At 12:30 GMT, the US economy released the average hourly earnings reading for September, which rose by 0.6%, better than forecasts of 0.4%, and better than the previous reading of 0.4%. This data is positive for the US economy.
US stocks open slightly higher after monthly jobs report
US stock indices inched higher in early trading on Friday, after the release of mixed monthly jobs report.
The US Department of Labor reported today that the economy has added 194,000 new jobs in September, missing forecasts of 490,000.
The unemployment rate fell to 4.8% from 5.2% in September, better than forecasts of 5.1%.
The US Senate voted on raising the country's debt ceiling by $480 billion, which means continuing to fund the government until early December.
As for stocks, Dow Jones rose 0.1% or 37 points to 34,792 as of 14:18 GMT, and S&P 500 rose 0.1% or 8 points to 4,408, while Nasdaq rose 0.1% or 23 points to 14,677.