U.S. jobs data beats expectations, forex market rallies

* The unemployment rate fell to 5.0 percent, the lowest level since April 2008, from 5.1 percent the prior month. What we’re seeing here are the prospects of the Fed raising interest rates as early as December. Participation rate basically stayed the same, but that decline that we saw in the unemployment rate is attributed to stronger hiring not due to a fall out in participation rate, so another sign of growth.