The eagerly awaited non-farm employment data in the USA has been released. Non-farm employment in the country increased by 12,000 people, falling far short of expectations. The unemployment rate was reported as 4.1 percent.

Non-farm employment in the USA rose significantly below expectations in October, with an increase of 12,000 people.

Expectations were for an increase of 113,000 jobs.

The unemployment rate in the country was reported in line with expectations at 4.1 percent.

This figure was recorded as the lowest employment increase since December 2020.

Employment had been revised to an increase of 223,000 in September.

The weak performance of employment data in the markets was positively received.

The impact of hurricanes Helene and Milton, as well as strikes at Boeing and hotels, contributed to the decline.

Gold prices saw a 0.5 percent increase, reaching $2,758 per ounce.

10-year Treasury bond yields declined to 4.255 percent.