Unemployment Claims Announcement – 25/9
- Donald Herison
- English
- ANNOUNCEMENTS
- Hits: 2591
What is it? This checks the number of individuals who filed for unemployment insurance for the first time during the past week.
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.
Usual Effect: If the actual number is smaller than the forecast, you can expect the USD to climb.
When? Released every week. This week at 08:30am Eastern Time.
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