| Source | |
| Measures | Percentage of total work force that is unemployed and actively seeking employment during the past 3 months; |
| Usual Effect | 'Actual' less than 'Forecast' is good for currency; |
| Frequency | Released monthly, about 45 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. Unemployment is also a major consideration for those steering the country's monetary policy; |
| Also Called | ILO Unemployment Rate, Jobless Rate; |
