Unemployment Rate

Unemployment Rate
Witten by : Last update: 03 مهر 1402

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Source
MeasuresPercentage of the total work force that is unemployed and actively seeking employment during the previous month;
Usual Effect'Actual' less than 'Forecast' is good for currency;
FrequencyReleased monthly, about 15 days after the month ends;
Next Release
Why Traders
Care		Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;
Also CalledJobless Rate;