WEDNESDAY 8:30PM AUD/UNEMPLOYMENT RATE
Source
Measures
Percentage 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;
Frequency
Released 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 Called
Jobless Rate;
History
Actual
Forecast
Previous
5.2%
5.2%
5.2%
5.2%
5.2%
5.2%
5.2%
5.1%
5.2%
5.2%
5.0%
5.1%
5.0%
5.0%
4.9%
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