top of page
Search
Writer's pictureEliteGeneratorsInc

Forcasting for AUD/Unemployment

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%

9 views0 comments

Recent Posts

See All

Comentarios


bottom of page