What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment during the previous month.
The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's financial policy.
Usual Effect: If the actual number is smaller than the forecast, you can expect the USD to rise.
When? October 3rd at 08:30am Eastern Time.
Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before,
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