Unemployment Rate

/Unemployment Rate

april, 2019

09apr6:45 am6:45 amUnemployment RateTRADERS CAN HOLD POSITIONS THROUGH THIS RELEASE6:45 am - 6:45 am UTC Event Type :Low 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

Percentage of the total workforce that is unemployed and actively seeking employment during the previous month.

Effect on Currency

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

Frequency of event

Released monthly, about 9 days after the month ends.

Source of Data

SECO (latest release)

Time

(Tuesday) 6:45 am - 6:45 am

Leave A Comment