US September non-farm payrolls +254K vs +140K expected

• Two-month net revision: +72K vs -86K prior
• Unemployment rate: 4.1% vs 4.2% prior
• Unrounded unemployment rate: _____ vs 4.220% prior
• Participation rate: 62.7% vs 62.7% prior
• Private payrolls +223K vs 118K prior
• Prior private payrolls +118K revised to +114K
• U6 underemployment rate: 7.7% vs 7.9% prior
• Average hourly earnings: +0.4% vs +0.3% m/m expected
• Prior avg hourly earnings: +0.4% (revised to +0.5%)
• Average hourly earnings: 4.0% vs +3.8% y/y expected
• Average weekly hours: 34.2 vs 34.3 prior
• Change in manufacturing payrolls: -7K vs -24K prior
• Household survey: _____ vs +168K prior
• Government jobs: +31K vs +24K prior
• Full time: _____ vs -438K prior
• Part time: _____ vs +527K prior

Prior to the data, the market was pricing in a 32% of the Fed lowering rates by 50 basis points at the November 7 meeting. USD/JPY was trading at 146.58 ahead of the numbers.

This article was written by Adam Button at www.forexlive.com.