Unemployment Claims Announcement – 25/9

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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