German Unemployment Change

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november, 2019

29nov8:55 am8:55 amGerman Unemployment ChangeIMPACT: EURUSD & EUR CROSSES8:55 am - 8:55 am UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

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.

Measures

Change in the number of unemployed people during the previous month.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, about 30 days after the month ends.

Source of Data

Federal Employment Agency (latest release)

Time

(Friday) 8:55 am - 8:55 am

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